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Keyshira Thompson
11/26/238:25 PM
Question 3, 9.3.9
HW Score: 43.18%,4.32 of 10
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A simple random sample of size n=40 is drawn from a population. The sample mean is found to be x¯=121.7 and the sample standard deviation is found to be s=12.5. Construct a 99% confidence interval for the population mean.

The lower bound is . (Round to two decimal places as needed.)

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Final Answer: The lower bound of the 99% confidence interval for the population mean is approximately 116.61.

Steps

Step 1 :We are given a simple random sample of size n=40 drawn from a population. The sample mean is found to be x¯=121.7 and the sample standard deviation is found to be s=12.5. We are asked to construct a 99% confidence interval for the population mean.

Step 2 :The formula for a confidence interval is x¯±Zsn, where x¯ is the sample mean, Z is the Z-score corresponding to the desired level of confidence, s is the sample standard deviation, and n is the sample size.

Step 3 :For a 99% confidence interval, the Z-score is Z=2.576.

Step 4 :Substituting the given values into the formula, we get the lower bound of the confidence interval as x¯Zsn.

Step 5 :Substituting the given values, we get 121.72.57612.540.

Step 6 :Solving the above expression, we get the lower bound of the confidence interval as approximately 116.61.

Step 7 :Final Answer: The lower bound of the 99% confidence interval for the population mean is approximately 116.61.

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