A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
Bartleby Related Questions Icon

Related questions

Question
### Calculating the Sample Mean and Margin of Error

#### Problem Statement
**Use the given confidence interval to find the margin of error and the sample mean.**

**Confidence Interval:** (13.2, 20.2)

---

#### Solution Steps

1. **Sample Mean Calculation:**
   - **Formula:** \( \text{Sample Mean} = \frac{\text{Lower Limit} + \text{Upper Limit}}{2} \)
   - Plug in the values from the confidence interval: 
     \( \frac{13.2 + 20.2}{2} \)
   - Simplify to get the sample mean: 
     \(  \frac{33.4}{2} = 16.7 \)
     - **Solution:**
       - The sample mean is **16.7**.

2. **Margin of Error Calculation:**
   - **Formula:** \( \text{Margin of Error} = \text{Upper Limit} - \text{Sample Mean} \)
   - Subtract the sample mean from the upper limit:
     \( 20.2 - 16.7 = 3.5 \)
     - **Solution:**
       - The margin of error is **3.5**.

#### User Input Field
- The sample mean is: [16.7] (Type an integer or a decimal.)

---

In this exercise, you learned how to calculate the sample mean and margin of error given a confidence interval. These concepts are essential in statistics for estimating population parameters.
expand button
Transcribed Image Text:### Calculating the Sample Mean and Margin of Error #### Problem Statement **Use the given confidence interval to find the margin of error and the sample mean.** **Confidence Interval:** (13.2, 20.2) --- #### Solution Steps 1. **Sample Mean Calculation:** - **Formula:** \( \text{Sample Mean} = \frac{\text{Lower Limit} + \text{Upper Limit}}{2} \) - Plug in the values from the confidence interval: \( \frac{13.2 + 20.2}{2} \) - Simplify to get the sample mean: \( \frac{33.4}{2} = 16.7 \) - **Solution:** - The sample mean is **16.7**. 2. **Margin of Error Calculation:** - **Formula:** \( \text{Margin of Error} = \text{Upper Limit} - \text{Sample Mean} \) - Subtract the sample mean from the upper limit: \( 20.2 - 16.7 = 3.5 \) - **Solution:** - The margin of error is **3.5**. #### User Input Field - The sample mean is: [16.7] (Type an integer or a decimal.) --- In this exercise, you learned how to calculate the sample mean and margin of error given a confidence interval. These concepts are essential in statistics for estimating population parameters.
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
A First Course in Probability (10th Edition)
Probability
ISBN:9780134753119
Author:Sheldon Ross
Publisher:PEARSON
Text book image
A First Course in Probability
Probability
ISBN:9780321794772
Author:Sheldon Ross
Publisher:PEARSON