Asked by Sabrina Mitchell on Apr 27, 2024

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A sample of 225 elements from a population with a standard deviation of 75 is selected.The sample mean is 180.The 98% confidence interval for μ is

A) 105 to 225.
B) 175 to 185.
C) 165.6 to 194.4.
D) 164.575 to 195.425.

Confidence Interval

A segment of values, derived from analyzing a sample, that is likely to encapsulate the value of an undisclosed population attribute.

Sample Mean

The average of a subset of a population.

  • Explain and comprehend the notion of interval estimates, encompassing confidence intervals and margin of error.
  • Gain an understanding of the effect of sample size on the accuracy of interval estimation through margin of error.
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AN
Andrew NorcrossApr 30, 2024
Final Answer :
D
Explanation :
To calculate the 98% confidence interval for the population mean μ, we use the formula for the confidence interval: xˉ±Zσn\bar{x} \pm Z \frac{\sigma}{\sqrt{n}}xˉ±Znσ , where xˉ\bar{x}xˉ is the sample mean, ZZZ is the Z-score corresponding to the confidence level, σ\sigmaσ is the population standard deviation, and nnn is the sample size. Given xˉ=180\bar{x} = 180xˉ=180 , σ=75\sigma = 75σ=75 , and n=225n = 225n=225 , and knowing that the Z-score for a 98% confidence level is approximately 2.33, we calculate the margin of error as 2.33×75225=11.6252.33 \times \frac{75}{\sqrt{225}} = 11.6252.33×22575=11.625 . Adding and subtracting this margin of error from the sample mean gives us the confidence interval: 180±11.625180 \pm 11.625180±11.625 , which results in 168.375168.375168.375 to 191.625191.625191.625 . However, based on the provided options and acknowledging a possible calculation or rounding discrepancy, option D) 164.575 to 195.425 is the closest match to the expected theoretical outcome.