Section 10.7 Exercises
Checkpoint 10.7.1. Basic Confidence interval for p.
Given Y = 30 successes in n = 100 trials, determine a 90% confidence interval for the unknown value for p.
Solution\(\tilde{p} = 0.3\) and \(z_{0.05} = 1.645\) gives
or
Checkpoint 10.7.2. - Sample Size for confidence interval for p.
Given a preliminary estimate ~p0=0.23, determine the same size needed for determine a 95% confidence interval for p with margin of error 0.02.
SolutionUsing \(z_{0.025} = 1.96\text{,}\)
and so pick at least 1701 as the sample size.
Checkpoint 10.7.3. - Voting projection.
Randomly polling 3200 eligible voters for governor in a particular state resulted in finding that 1590 favored your candidate. Determine an appropriate 95% confidence interval for the true proportion p of voters who favor your candidate. Noting that ˜p in this instance is smaller than 50%, write a short paragraph regarding what you might conclude from this confidence interval regarding your candidate's chances in winning the election.
SolutionNote that although the point estimate is below 50%, the confidence interval includes the possibility that the actual value for p is greater than 50%. So, you cannot conclude that your candidate will either win or lose.
Checkpoint 10.7.4. - Basic Confidence interval for the mean.
Given a sample mean of ¯x=25.3 with n = 121 and sample variance s2=12.1, determine a 99% confidence interval for the true mean μ.
SolutionUsing \(z_{0.005} = 2.576\) and \(s = \sqrt{12.1} \approx 3.4786\) gives a confidence interval
or
Checkpoint 10.7.5. - Confidence Interval Experiment.
TBA