MM207 Unit 6: Confidence Intervals for Means and Population Proportions
- Mathematics
- Kaplan University School of Business and Management
- 2 pages
- Shared May 2025
Discusses confidence intervals and their application in statistics.
Preview 2 of 2 pages
See the first 2 pages exactly as they appear in the document.
Page 1 Read page 1 as text
MM207 Unit 6 Chapter 6 Project ROBYN GALINDO 1 MM207 Unit 6: Confidence Intervals for Means and Population Proportions Total points are 4 0 . Points are included with each problem. Included with each section or problem are reference examples and end of section exercises that can be used as a guide. Be sure to show your work in case partial credit is awarded . To receive full credit, work must be shown if applicable. Section 6.1: Confidence Intervals for the Mean (Large Samples) 1. Find the critical value z c necessary to form a confidence interval at the given level of confidence. (Re ferences: definition for level of confidence page 311 , end of section exercises 5 – 8 page 317) ( 2 .5 points each) a. 90 % ½ (1 - .90) = 0 .05 = 1.645 b. 80 % ½ (1 - .80) = 0.10 = 1.28 2. The new Twinkle bulb has a standard deviation 35 hours. A random sample of 50 light bulbs is selected from inventory. The sample mea n was found to be X 55 0 hours. a. Find the margin of error E for a 90% confidence interval . (5 points) Round your answer to the nearest hundredths. . (References: definition of margin of error on page 312 and example 2 on page 312). E = 1.645 (35/ √ 50) = 8.14 b. C ons truct a 90 % confidence interval for the mean life, of all Twinkle bulbs. (5 p oints) ( References: example 5 page 315 , end of section exercises 51 - 56 pages 319 - 320) Left Endpoint: 550 – 8. 14 = 541.86 Right Endpoint: 550 + 8.14 = 558.14 541.86 < μ < 558.14 3 . A standard placement test has a mea n of 115 and a standard devi ation of = 10 . Determine the minimum sample size if we want to be 90% certain that we are within 2 points of the true mean. ( References: example 6 page 316 , end of section exercises 58 - 62 pages 321 - 322) ( 5 points) n = (1.645)(10) ² = 271 Section 6.2: Confidence Intervals for the Mean (Small Samples)
Page 2
More Mathematics study materials
See all
Solved AssignmentsMM207 Unit 5: Normal Distribution, Probabilities, and Sampling Distributions
Mathematics
3 pagesMay 2025
Solved AssignmentsMM207 Mid-Term Project Kaplan University
Mathematics
4 pagesMay 2025
Solved AssignmentsMM207 Unit 9 Final Project Assignment and Template Kaplan University
Mathematics
9 pagesMay 2025
Solved AssignmentsMM207 Unit 7: Hypothesis Testing for Means and Proportions
Mathematics
4 pagesMay 2025
Solved AssignmentsMM207 Unit 4: Probability Distribution and Binomial Probability Analysis
Mathematics
3 pagesMay 2025
Solved AssignmentsMM207 Correlation and Linear Regression Analysis: Examining Relationships in Real-World Data
Statistics
5 pagesMay 2025
Exam GuidesTest Bank for Precalculus, 6th Edition
Mathematics
1051 pages175downloadsFeb 2025
Textbook GuidesSolution Manual For Introduction To Management Science, 11th Edition
Mathematics
437 pages167downloadsFeb 2025
Study this document with CramX
Once it is in your library, every tool can work from it.

