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McGraw-Hill/Irwin
Point Estimate
8-2
Example:
8-3
Interval Estimation of a
Population Mean
Margin of error is the maximum difference between
sample and population means D=| x - |
P(-D x +D)=.95
states that 95% of sample means (
interval where D= z/n since
x)
will be in this
=D/(/n)
8-5
Interval Estimation of a
Population Mean
This also means that in 95% of cases will be inside
the interval
D
8-6
Interval Estimation of a
Population Mean (margin of
error D)
C is called confidence coefficient (probability
that the statement is correct)
=1-C is called significance level
(probability that the statement is incorrect
probability of an error)
8-7
x z 2
8-8
25 1.02 0.012
8-12
25 1.02 0.20
16 1.02 0.015
25 1.02 0.015
8-15
8-16
X
S
8-17
8-18
The tdfWhen
Distribution
Various Degrees of
Mean
Iswith
Unknown
Freedom
8-19
8-20
x t 2,df s
or equivalently,
x t 2,df s
n , x t 2,df s
8-21
Example:When
Recall that
Beane wants to estimate the
Mean
Jared
Is Unknown
x t 2,df s
25 96.52 3.66
8-22
8-23
8-24
2
z 2
1.645 10.50
n
74.58 or 75
8-25
p 1 p
n
or
p 1 p
p z 2
, p z 2
p 1 p
8-27
8-28
z 2
we may rearrange to get n
p 1 p
D
z 2
1.645
n
0.50 1 0.50 67.65 or 68
p 1 p
0.10
D
8-30