Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 9 - Section 9.2 - Assess Your Understanding - Vocabulary and Skill Building - Page 448: 20b

Answer

Confidence interval: $44.6\lt x ̅\lt55.4$ The margin of error has increased.

Work Step by Step

$n=15$, so: $d.f.=n-1=14$ $level~of~confidence=(1-α).100$% $98$% $=(1-α).100$% $0.98=1-α$ $α=0.02$ $t_{\frac{α}{2}}=t_{0.01}=2.624$ (According to Table VI, for d.f. = 14 and area in right tail = 0.01) $Lower~bound=x ̅-t_{\frac{α}{2}}.\frac{s}{\sqrt n}=50-2.624\times\frac{8}{\sqrt {15}}=44.6$ $Upper~bound=x ̅+t_{\frac{α}{2}}.\frac{s}{\sqrt n}=50+2.624\times\frac{8}{\sqrt {15}}=55.4$
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