Business Statistics (BUS 505)

Assignment 9
Answer the question: 1
Given that, x .45 ; n 25 ;

x 2.90

(a) 95% confidence interval is: 100(1 -

Z x

So, we know that, x

= 2.90

) = .95

= .05

Z x
x

n
Z .025 .45

.025
2

2.90

Z .025 .45

[ Z .025 1.96 ]

25
25
= 2.72< <3.08
So, 95% confidence interval range is from 2.7 to 3.08

(b) The probability content associated the interval from 2.81 to 2.99 is:
2 z x
w /2
[w = 2.99 2.81 = .18]
n
2z
.45
.18
.18 / 2
Z / 2 =
.18
25
Z / 2 = 1 = .8413

= .1587 = .3174
2
Now 1 - = 1 - .3174 = .6826 or 68.26%
The probability content associated the interval from 2.81 to 2.99 is 68.26%
So, 1 -

= .8413

Answer the question: 2

2. Given that, x .12 n 16

x 4.07

(a) 99% confidence interval is: 100(1 So, we know that, x

Z x
2

= 4.07

) = .999

= .01

.005
2

Z x
x
Z .005 .12

n
4.07

Z .005 .16

[ Z .005 2.575 ]

16
16

= 3.99< <4.15
So, 99% confidence interval range is from 3.97 to 4.17
(b) Narrower
(c) Narrower
(d) Wider
Answer the question: 3
xi 150.9
Given that, x 3.8 n 9 x
16.76
n
9
90% confidence interval is: 100(1 -

) = .90

Page 1 of 15

= .10

.05
2

Business Statistics (BUS 505)

So, we know that, x

Assignment 9

Z x
2

Z x

1.645 3.8
1.645 3.8
16.76
= 16.76
9
9
= 14.67< <18.85
So, 90% confidence interval range is from 14.67 to18.85
b) Wider
Answer the question: 4

Here, x 32.4

n=9

X 187.9

(a) 80% confidence interval is: 100(1 -

Z x
x

[ Z / 2 1.645 ]

) = 80

= .20

Z x
x

.10
2

1.285 32.4
1.285 32.4
187.9
= 187.9
9
9

= 174.02< <201.78
So, 80% confidence interval range is from 174.02 to 201.78.

[ Z / 2 1.285 ]

(b) The probability content associated the interval from 185.8 to 210 is:
2z
x
w /2
[w = 210 185.8 = 44.2]

44.2=

1-

2 z / 2 32.4
9

2 Z =4.09
2

Z
2

=2.046 Fz(

Z
2

)=Fz(2.05)

=.9798
=.0202 =.0404 1- =.9596
2
2
The probability content associated the interval from 185.8 to 210 is 95.96%
Answer the question: 5
Given that,

n=1562

x =3.92

Sx=1.57

Confidence interval, 100(1-) =95 =.05 2=.025 Z.025=1.96

The 95% Confidence interval for the population mean
Z / 2 Sx
Z / 2 Sx
x
x
n
n
(1.96)(1.57)
(1.96)(1.57)
= 3.92<< 3.92+
1562
1562
= 3.92- .0779 << 3.92 + .079

[ Z / 2 1.91 ]

= 3.84 << 3.99

So, 95% confidence interval range is from 3.84 to 3.99

Given that,

Answer the question: 6

n = 541
X =3.81

Page 2 of 15

Sx =1.34

Business Statistics (BUS 505)

Assignment 9
The 90% Confidence Interval for the population mean100 %( 1-) =90%
/2=.05
Z /2=1.65
Z / 2 Sx
Z / 2 Sx
x
n
n
(1.65)(1.34)
(1.65)(1.34)
= 3.81<<3.81+
541
541
=3.71<<3.90

(a) So, we know that,

= .10

[ Z / 2 1.645 ]

The 90% Confidence Interval for the population mean 3.71 to 3.91
(b) It will be narrower.
Answer the question: 7
We know, W

2 Z / 2

Given that,
n
So, .2= 2Z /2(1.045)
457
=> Z /2=2.04=.9793
= >1- /2=.9793
= > /2=1-.9793
=.0414
Or, 1- =.9586 or, 95.86%

W=.2

Sx =1.045

So, The Confidence Interval is 95.86 %.

Here, n=352
Z Sx
x

Answer the question: 8

X =60.41

Sx=11.28
2

Z Sx
x

1.645 11.28
1.645 11.28
60.41
352
352
=59.42 << 61.40

= 60.41

[ Z / 2 1.645 ]

Comment: Here, we see that, if 57% to more mark than they are adequate understanding
the material. So we can say that students are adequate understanding of the written
material.
Answer the question: 9
Here, n=174

Sx=1.43

X =6.06

W=.2

2 Z / 2
n
So, .2=2Z /2(1.43)
174
=> Z /2=.92=.8212

(a) We know, W

Page 3 of 15

Business Statistics (BUS 505)

Assignment 9
= >1- /2=.8212
= > /2=1-.8212
=.3576
Or, 1- =.6424 or, 64.24%
So, The Confidence Interval is 64.24 %.
(b) Comment: Here confidence is decrease that different factor exiting. Such as
sample size and sample standard deviation are difference compare than exercise
7.

Answer the question: 10

Here, n=9

Sx=38.89
V= (n-1)=(9-1)=8
X =157.82
tv / 2Sx
tv / 2Sx
x
x
n
n
t 8,.025 38.89
t 8,.025 38.89
157.82
= 157.82
9
9
2.306 38.89
2.306 38.89
157.82
=157.82
3
3
=127.93 << 187.71

.025 ]
2

Answer the question: 11

i2

1
2
3
4
5
6
7

79
73
68
77
86
71
69
X i 523

6241
5329
4624
5929
7396
5041
4761

Sx

(a) x 1 / n

Sx
2

1/7(523) =74.7143

1 2 2
{ xi nx }
(n 1)

= 1/6{39321-(7) (74.7143) 2 }

X 2 i 39321

=40.90

40.90 =6.3953

(b) 95% confidence interval is: 100(1 -

So, we know that, x -

t ( n 1) / 2 Sx
n

)=

< < x +

= .05

.95

t ( n 1) / 2 Sx
n

.025
2

[ n 1 = 6] [ t

=2.447]
= 74.7143-

( 2.447 )(6.3953)
7

< < 74.7143+

Page 4 of 15

( 2.447)(6.3953)
7

n 1

/2

Business Statistics (BUS 505)

Assignment 9

= 74.7143-5.9149 < < 74.7143+5.9149

=68.7994 < < 80.6292

So, 95% confidence interval range is from 68.7994 to 80.6292

Answer the question: 12

i

1
2
3
4
5
6
7
8
9
10

18.2
25.9
6.3
11.8
15.4
20.3
16.8
19.5
12.3
17.2
X i 163.7

(a) x 1 / n
=16.37

i2

331.24
670.81
39.69
139.24
237.16
412.09
282.24
380.25
151.29
295.84
X 2 i 2939.85

Sx
2

1/10(163.7)

= 1/9{2939.85 - (10) (16.37) 2 }

= 28.8979
28.8979 = 5.3757

X = 16.37 n=10

99% confidence interval is: 100(1 So, we know that, x -

1 2 2
{ xi nx }
(n 1)

Sx

Here, Sx 5.3757

t ( n 1) / 2 Sx
n

)=

.99

< < x +

= .01

/2=.005

t ( n 1) / 2 Sx

[ n 1 = 9] [

t n 1 / 2 =3.250]

=16.37-

(3.250)(5.3757)

< < 16.37+

(3.250)(5.3757)

10
=16.37- 5.5248< <16.37+5.5248
= 10.8452< <21.8948

So, 99% confidence interval range is from 10.8452 to 21.8948

(b) narrower range.
Answer the question: 13
(a) x 1 / n X i 1 1/25(1508) =60.32

Page 5 of 15

10

Business Statistics (BUS 505)

Assignment 9

Sx
2

1 2 2
{ xi nx }
(n 1)

= 1/24{95628 - (25) (60.32) 2 }

= 194.39
Sx
194.39 = 13.94
t ( n 1) / 2 Sx
t ( n 1) / 2 Sx
(b) So, we know that, x < < x +
n
n
/ 2 =1.711]

[ n 1 = 24] [ t

n 1

1.711 13.94
1.711 13.94
< <60.32+
25
25

55.55< <65.09
Answer the question: 14

60.32-

Based on the material of section 8.4 .I have to follow the t distribution. But in t distribution I
have to calculate the degree of freedom. The degree of freedom is n-1 but here n = 1 so
degree of freedom is 0. Because of the degree of freedom is 0 its not possible to find
confidence interval for the population mean.
Answer the question: 15
Given that, Sx 4780 n 25
90% confidence interval is: 100(1 So, we know that, x -

t ( n 1) / 2 Sx
n

) = .90

< < x +

= .10

.05
2

t ( n 1) / 2 Sx

[ n 1 =24] [ t n 1

/ 2 =1.711]
= 42740 -

(1.711)(4780)

< < 42740 +

(1.711)(4780)

25
= 42740-(1635.716) < <42740+ (1635.716)
= 41104.284 < < 44375.716

25

So, 90% confidence interval range is from 41104.284 to 44375.716

Answer the question: 19

Here,

n=189

X=132

Px=

x 132
=
=.698
n 189

(a) 90% confidence interval for population proportion is;

-Z / 2

Px (1 Px )
< P < +Z / 2
n

Px(1 Px)
n

Page 6 of 15

[ Z / 2 =1.645]

Business Statistics (BUS 505)

Assignment 9
.698(1 .698)
< P < .698+1.645
189

.698-1.645

.698(1 .698)
189

.6430<P< .7529
(b) Here 95% confidence so we can say that range will be wider than previous (a).

Answer the question: 20

Here,

n=323

X= 155

Px=

x 155
=
=.4799
n 323

W= [.5-.458] = .

042
We know, W 2 Z / 2

Px(1 Px )
n

.4799(1 .4799)
323
Z / 2 .755 =.7764
1 / 2 =.7764
=.4472 1- =.5528

.042 2Z / 2

So, The Confidence Interval is 55.28 %.

Answer the question: 21
x 82
=
=.612
n 134
95% confidence interval for population proportion is;

Here,

n=134

-Z / 2

X=82

Px=

Px(1 Px)
< P < +Z / 2
n

Px(1 Px)
n

.612(1 .612)
< P < .612+1.955
134

.612-1.955

[ Z / 2 =1.955]

.612(1 .612)
134

.53 <P< .694

Answer the question: 22
x 29
=
=.3053
n 95
(a) 99% confidence interval for population proportion is;

Here,

n=95

-Z / 2

X=29

Px=

Px (1 Px )
< P < +Z / 2
n

.3053-2.575

Px(1 Px)
n

.3053(1 .3053)
< P < .3053+2.575
95

[ Z / 2 =2.575]

.3053(1 .3053)
95

.1836 <P< .4270

(b) If confidence is decreases than rang will be narrower.

Page 7 of 15

Business Statistics (BUS 505)

Assignment 9
Answer the question: 23
x 32
Here, n=96
X=32
Px= =
=.333
n 96
80% confidence interval for population proportion is;

Px (1 Px )
< P < +Z / 2
n

-Z / 2

.333-1.285

Px(1 Px)
n

.333(1 .3053)
< P < .333+1.285
95

[ Z / 2 =1.285]

.333(1 .333)
96

.2712<P< .3948
Answer the question: 24
Here,

n=198

X= 98

We know, W 2 Z / 2

Px=

x 98
=
=.495
n 198

W= [.545-.445] = .10

Px(1 Px)
n

.495(1 .495)
198
Z / 2 1.41 =.9207
1 / 2 =.9207
=.1586 1- =.8414

.10 2Z / 2

So, The Confidence Interval is 84.14 %.

Answer the question: 25
s x .880

so, s 2 x

) = .95

= .05

Given that, n 15
100(1 -

.7744

.025
2

(n 1) s 2 x
(n 1) s 2 x
2

We know, 2
v, / 2
2 v,1 / 2

(15 1).7744
(15 1).7744
2x 2
2
14,.025
14,1 .025

(15 1).7744
(15 1).7744
2x
26.12
5.63
2
= .4151 < x <1.9257
=

1
2
3
4
5
6
7

79
73
68
77
86
71
69
X i 523

Answer the question: 26

n7
6241
5329
x 1/ n
4624
5929
7396Page 8 of 15
5041
4761

Xi

39321

1/7(523) =74.7143

Business Statistics (BUS 505)

Assignment 9

Sx
2

1 2 2
{ xi nx }
(n 1)

= 1/6{39321-(7) (74.7143) 2 }
=40.90
100(1 -

) = .80

= .20

.1
2

(n 1) s 2 x
(n 1) s 2 x
2

We know, 2
v, / 2
2 v,1 / 2

(7 1)40.90
(7 1)40.90
2x
2
6,.1
2 6,1 .1

(7 1)40.90
(7 1)40.90
2x
10.64
2.20

= 23.064 < 2 x <111.545

Answer the question: 27
Here, n 10
i
1
2
3
4
5
6
7
8
9
10

18.2
25.9
6.3
11.8
15.4
20.3
16.8
19.5
12.3
17.2
X i 163.7

i2

x 1/ n

331.24
670.81
39.69
139.24
237.16
412.09
282.24
380.25
151.29
295.84
Xi 2 2939.85

Sx
2

1/10(163.7) =16.37

1 2 2
{ xi nx }
(n 1)

= 1/9{2939.85 - (10) (16.37) 2 }

= 28.89
100(1 -

.05
2

Page 9 of 15

) = .90

= .10

Business Statistics (BUS 505)

Assignment 9
(n 1) s x
(n 1) s 2 x
2

2 v, / 2
2 v,1 / 2
2

We know,

(10 1)28.89
(10 1)28.89
2x
2
9,.05
2 9,1 .05

(10 1)28.89
(10 1)28.89
2x
16.92
3.33

= 15.370 < 2 x <78.097

So, the confidence interval for population standard deviation is

15.370 x

= 3.92 <

78.097

x < 8.84

Confidence interval for population standard deviation range is from 3.92 to 8.84 of weight
looses for patients of the clinics weight reduction program.

Answer the question: 28

Here, n 25
x

xi 1508 60.32
n

25

And Sx 2

xi

nx

n 1

95628 25(60.32) 2
= 194.393
25 1

95% confidence interval for population standard deviation is: 100(1

05

.025

(n 1) s 2 x
(n 1) s 2 x
2

We know, 2
v, / 2
2 v,1 / 2

(25 1)194.393
(25 1)194.393
2x
2
24,.025
2 24,1 .025

(25 1)194.393
(25 1)194.393
2x
39.36
12.40

= 118.53 < 2 x <376.24

So, the confidence interval for population standard deviation is
118 .53 x 376.24 = 10.89 < x < 19.40
Answer the question: 31

Here, n 18

Sx=10.4

Page 10 of 15

) = .95

=.

Business Statistics (BUS 505)

Assignment 9
(a) 90% confidence interval for population standard deviation is: 100(1 -

= .05
We know,

) = .95

.05
2

(n 1) s 2 x
(n 1) s 2 x
2

2 v, / 2
2 v,1 / 2
(18 1)(10.4) 2

2 17,.05

2x

(18 1)(10.4) 2

2 17,1 .05

(17)108.16
(17)108.16
2x
27.59
8.67
2
= 66.64 < x <212.08

Answer the question: 32

Given that, n 15

so, s 2 x

s x 2.36%

5.57%

a) So, 95% confidence interval for variance is: 100(1 -

) = .95

= .05

.025
2
=

(15 1)5.57
(15 1)5.57
2x 2
2
14,.025
14,1 .025

(15 1)5.57
(15 1)5.57
2x
26.12
5.63
2
= 2.99 < x <13.85
Hence, confidence interval for variance range is from 2.99 to 13.85
b) So, 99% confidence interval for variance is: 100(1 - ) = .99 = .01
=

.005
2
=

(15 1)5.57
(15 1)5.57
2x 2
2
14,.005
14,1 .005

(15 1)5.57
(15 1)5.57
2x
31.34
4.07
2
= 2.49 < x <19.16
Confidence interval for variance range is from 2.49 to 19.16
So, it is wider than a.
=

Answer the question: 33

Given that, n 9 x

xi 182.4 20.27
n

[xi = 19.8, 21.2, 18.6, 20.4, 21.6, 19.8, 19.9, 20.3, and 20.8]
And Sx 2

( xi x

So, ( xi x

n 1

6.3001
= .788
9 1

Page 11 of 15

Business Statistics (BUS 505)

Assignment 9
= .2209 + .8649 + 2.7889 + .0169 + 1.7689 + .2209 + .1369 + .0009 + .2809 = 6.3001
So, 90% confidence interval for population variance is: 100(1 -

) = .90

= .10

.05
2
(n 1) s 2 x
(n 1) s 2 x
2

We know, 2
v, / 2
2 v,1 / 2

(9 1).788
(9 1).788
2x 2
2
8,.05
8,1 .05

(9 1).788
(9 1).788
2x
15.51
2.18
2
= .406 < x <2.892
=

Hence, the confidence interval for population variance range is from .406 to 2.892

Estimating the sample size

Answer the question: 55
Given that, x .2 so, x .04
2

a) Here, n = 25 and, x .2
We know that, w

2 Z / 2x

Or, .14

[w = 12.12 11.98 = .14]

2 Z / 2 .2
25

Or, Z / 2 .4 = .7
Or, Z / 2 =1.75
So, 1 - / 2 = .9599 or, / 2 = .0401 or,
So, the confidence level is: 1 -

= .0802

= 1 - .0802
= .9198 or 91.98%
b) Here, L .07
So, 99% confidence interval is: 100(1 -

) = .99

(Z / 2 ) 2 2 x
We know that, n
L2
Page 12 of 15

= .01

.005
2

Business Statistics (BUS 505)

Assignment 9
2

(Z .005 ) .04
(.07) 2

= 54.128

So, 54.128 sample observations are needed to achieve this observation.

Answer the question: 56
Sx 1.80
x 3.38

Given that, n 595

) = .90 = .10

a) 90% confidence interval is: 100(1 -

So, we know that, x

= 3.38

Z sx
2

.05

Z sx
x

Z .05 1.80
595

3.38

Z .05 1.80

[ Z .05 1.645 ]

595

= 3.259< <3.501

So, 90% confidence interval range is from 3.259 to 3.501

b) Wider
Answer the question: 58

Given that, n 16

x 32.0

Sx 6.4 so, s 2 x

a) 90% confidence interval is: 100(1 So, we know that, x -

t ( n 1) / 2 Sx
n

40.96

) = .90 = .10

< < x +

t ( n 1) / 2 Sx

[ t v , / 2 t15,.05

=1.753]

= 32.0 -

(1.753)(6.4)
16

< < 32.0

(1.753)(6.4)
+

= 29.2 < < 34.8

So, 90% confidence interval range is from 29.2 to 34.8

Page 13 of 15

.05

16

Business Statistics (BUS 505)

Assignment 9
b) 90% confidence for population standard deviation is: 100(1
= .10 .05

) = .90

(n 1) s 2 x
x
2 v, / 2

We know that,

(n 1) s 2 x
2 v,1 / 2

(16 1)40.96
x
2 15,.05

(16 1)40.96
2 15,1 .05

(16 1) 40.96
x
2 15,.05

(16 1) 40.96
2 15,1 .05

24.576 x

= 4.957

84.628

x 9.199

Hence, the confidence for population standard deviation range is from

4.957 to 9.199
Answer the question: 59

Given that, n 6
a) x

xi 97.6 16.27
n

And Sx 2

[xi = 12.2, 18.4, 23.1, 11.7, 8.2, and 24.0]

( xi x

n 1

So, ( xi x
213.5

)=

213.5
= 42.7
6 1

16.56 + 4.54 + 46.65 + 20.88 + 65.12 + 59.75 =

b) Sx 2 42.7 so, Sx 6.53

99% confidence interval for population mean is: 100(1
= .01 .005

) = .99

So, we know that, x -

t ( n 1) / 2 Sx
n

< < x +

t ( n 1) / 2 Sx

[ t v , / 2 t 5,.005

= 4.032]

= 16.27 -

( 4.032)(6.53)
6

< < 32.0

Page 14 of 15

( 4.032)(6.53)
+

Business Statistics (BUS 505)

Assignment 9

= 5.52 < < 27.02

So, 90% confidence interval range is from 5.52 to 27.02

c) 99% confidence interval for population variance is: 100(1

= .01 .005

) = .99

(n 1) s 2 x
(n 1) s 2 x
2

We know, 2
v, / 2
2 v,1 / 2

(6 1)42.7
(6 1)42.7
2x 2
2
5,.005
5,1 .005

(6 1) 42.7
(6 1)42.7
2x
16.75
.412

= 12.75 < 2 x <518.20

Hence, confidence interval for variance range is from 12.75 to 518.20

d) Narrower.

Page 15 of 15