A plane flies 405 miles with the wind and315 miles against the wind in the same amount of time. If the speed of the wind is 20 m
1 answer:
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Answer:
a) The 90% confidence interval would be given by (18.52;20.49)
b) The 95% confidence interval would be given by (18.32;20.68)
Step-by-step explanation:
1) Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
represent the sample mean for the sample
population mean (variable of interest)
represent the population standard deviation
n=75 represent the sample size
2) Confidence interval 90%
The confidence interval for the mean is given by the following formula:
(1)
Since the Confidence is 0.90 or 90%, the value of and
, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.005,0,1)".And we see that
Now we have everything in order to replace into formula (1):
So on this case the 90% confidence interval would be given by (18.52;20.49)
3) Confidence interval 95%
Since the Confidence is 0.95 or 95%, the value of and
, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.025,0,1)".And we see that
Now we have everything in order to replace into formula (1):
So on this case the 95% confidence interval would be given by (18.32;20.68)