A simple random sample of size 51 has sample mean of 70.72. The population distribution is approximately normal, with population standard deviation of 16.25. Determine the correct method of finding a 95% confidence interval for the unknown population mean and compute it. z-method: (66.26, 75.18) Cannot compute: the population size is too small. t-method: (66.15, 75.29) z-method: (66.15, 75.29)

Respuesta :

Answer:

z-method: (66.26, 75.18)

Step-by-step explanation:

We have the standard deviation for the population, which means that we use the z-distribution to solve this question.

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.025 = 0.975[/tex], so Z = 1.96.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96\frac{16.25}{\sqrt{51}} = 4.46[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 70.72 - 4.46 = 66.26

The upper end of the interval is the sample mean added to M. So it is 70.72 + 4.46 = 75.18

The correct answer is z-method: (66.26, 75.18)