Answer :
Answer:
+/- 0.00033
Explanation:
For a 95 % confidence interval the range is given by
+/- Z * s/sqrt(n)
where Z value is 1.916 for a 95% confidence interval
Therefore the interval is
s is the standard deviation in this case 0.0015
n is 75 the number of outposts
calculating,
+/- 1.916 * 0.0015/sqrt(75) = +/- 0.00033
Answer:
[tex] \\ (Lower\;value =0.3097 ; Upper\;value = 0.3103)[/tex].
We can also represent it as [tex] \\ P(0.3097 \leq \mu \leq 0.3103) = 0.95[/tex].
Explanation:
This is a case of finding two values that define an interval in which is included the population mean for the impurity in the chemical process with a probability of 95%.
We have full information to this respect to solve the question:
- The population standard deviation, which is [tex] \\ \sigma = 0.0015[/tex].
- The sample mean, which is [tex] \\ \bar{x} = 0.310[/tex].
- The sample size [tex] \\ n = 75[/tex].
That is, we can find the 95% confidence interval for a given population standard deviation.
The formula for finding these two values, in these conditions, is as follows:
[tex] \\ Lower\;value = \bar{x} - 1.96\frac{\sigma}{\sqrt{n}}[/tex].
[tex]\\ Upper\;value = \bar{x} + 1.96\frac{\sigma}{\sqrt{n}}[/tex].
We have already confirmed that we have all these values: the population standard deviation, the sample mean and the sample size.
The number 1.96 corresponds to a z-score that is 1.96 times the standard deviation from the mean, and represents the confidence coefficient and depends on the confidence level, which is in this case of 5% (or 0.05). A confidence level of 5% determines this 95 % confidence interval.
Notice that we are going to use a mean obtained from a sample of 75 elements [tex] \\ \bar{x} = 0.310[/tex], which represents a sample mean.
As a result, in order to find the two values that define the 95% confidence interval, we can proceed as follows:
Lower value of the 95% confidence interval
[tex] \\ Lower\;value = \bar{x} - 1.96\frac{\sigma}{\sqrt{n}}[/tex].
[tex] \\ Lower\;value = 0.310 - 1.96\frac{0.0015}{\sqrt{75}}[/tex].
[tex] \\ Lower\;value =0.3097[/tex].
Upper value of the 95% confidence interval
[tex] \\ Upper\;value = \bar{x} + 1.96\frac{\sigma}{\sqrt{n}}[/tex].
[tex] \\ Upper\;value = 0.310 + 1.96\frac{0.0015}{\sqrt{75}}[/tex].
[tex] \\ Upper\;value = 0.3103[/tex].
Thus, the 95% confidence interval, or the interval for which there is a probability of 95% to find the population mean for this certain type of impurity:
[tex] \\ Lower\;value =0.3097[/tex].
[tex] \\ Upper\;value = 0.3103[/tex].
That is:
[tex] \\ P(0.3097 \leq \mu \leq 0.3103) = 0.95[/tex].