Question1. Consider a normal population distribution with the value of known. a. What is the confidence level for the interval ? b. What is the confidence level for the interval ? c. What value of in the CI formula (7.5) results in a confidence level of 99.7%? d. Answer the question posed in part (c) for a confidence level of 75%.
Studdy Solution
STEP 1
What is this asking?
We're figuring out the confidence levels and z-scores for different confidence intervals when we already know the population standard deviation!
Watch out!
Don't mix up the z-score and the confidence level!
They're related, but not the same thing.
STEP 2
1. Confidence Level for 2.81
2. Confidence Level for 1.44
3. Z-score for 99.7%
4. Z-score for 75%
STEP 3
Alright, so we're given this interval: .
This looks a lot like a confidence interval formula!
The critical part here is the **2.81**, which is our value.
STEP 4
We need to find .
Since , we can look up this value in a z-table (or use a calculator) to find the area to the *right* of **2.81**.
This area represents .
We find that .
STEP 5
Now, we need , so we multiply by 2: .
STEP 6
Finally, the confidence level is .
So, .
Converting to a percentage, we get a **99.5%** confidence level!
STEP 7
This time, our interval is , so .
STEP 8
Looking up in our z-table (or using a calculator), we find the area to the right, which is .
STEP 9
Multiply by 2 to get : .
STEP 10
The confidence level is .
That's an **85.02%** confidence level!
STEP 11
Now, we're given the confidence level and need to find .
Our confidence level is **99.7%**, or .
STEP 12
Since the confidence level is , we have .
STEP 13
We need , so divide by 2: .
STEP 14
Now, we look up the z-score that corresponds to an area of to its *right* in the z-table.
This gives us .
STEP 15
Our confidence level is **75%**, or .
STEP 16
So, .
STEP 17
Then, .
STEP 18
Looking up the z-score corresponding to an area of to the right, we find .
STEP 19
a. **99.5%** b. **85.02%** c. d.
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