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Uploaded by Sean Callahan

A homemade spreadsheet that helps solve statistical homework problems accompanying chapter 8 of Pearson Statistics.

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8.1

Standard Error of the Mean

n (sample size) 325

(standard dev.) 6164

= / n 341.9172

Table Assisted Z Score

Confidence Level % 0.95

(the white space) 0.05 0.516

/2 0.025 0.8315

z

/2

= Table Value of /2 1.96 1.3475

1169.158

1157.758

Margin of Error -182.558

ME

= z

/2

*

670.15771

Confidence Interval for the Mean ( known) Increasing sample size decreases the confidence interval

CONFIDENCE(alpha,standard dev, size) 670.1454

(Sample Mean) 47684 There is not guaruntee that every confidence interval will include the population mean

UCL

= + ME

48354.158

LCL

= - ME

47013.842

8.2

Approximate Standard Error of the Mean

n (sample size) 20

s (sample standard dev) 0.0586109

= s/SQRT(n) 0.0131058

Confidence Interval for the Mean ( unknown)

TINV(alpha,degrees of freedom) -2.53948 = significance level of the confidence interval

0.01

n 20

degrees of freedom 19

(Sample Mean) 2.6307

t

/2

(see table 5 in appendix) 2.977

UCL

= + t

/2

*

2.669716

LCL

= - t

/2

*

2.591684

8.3

Approximate Standard Error of the Proportion Margin of Error

x (number of observations of interest in the sample)

157 ME

p

= z

/2

*

p

0.038268

n (sample size) 750

p (sample proportion) 0.2093333

p

= SQRT((p*(1-p))/n) 0.0148554

Confidence Interval for the Mean ( unknown)

0.01

n 750

/2 0.005

x (number of observations of interest in the sample) 157

z

/2

= Table Value of /2 2.576

UCL

p

= p + z

/2

*

p

0.2476009

LCL

p

= p - z

/2

*

p

0.1710657

8.4

Sample Size Needed to Estimate a Population Mean

0.01

/2 0.005

z

/2

= Table Value of /2 2.575

(standard dev.) 73

ME

40

n= ( (z

/2

)

2

*

2

) / (ME

)

2

22.084125

8.5

Sample Size Needed to Estimate a Population Proportion

0.01

/2 0.005

z

/2

= Table Value of /2 1.75

x (number of observations of interest in the sample) 1

n

p

(pilot sample size) 2

p (sample proportion) 0.5

ME

p

0.08

n= ( (z

/2

)

2

* (p*(1-p)) ) / (ME

p

)

2

119.62891

8.6

Confidence Interval for the Mean of a Finite Population ( known)

z

/2

= Table Value of /2

N

n

UCL

0

LCL

0

Confidence Interval for the Mean of a Finite Population ( unknown)

t

/2

= Table Value of /2

N

n

UCL

0

LCL

0

Confidence Interval for a Proportion of a Finite Population

p

z

/2

= Table Value of /2

p

N

n

UCL

0

LCL

0

Cumulative Probabilities for standard normal distribution tables are on page 858 and 859

Increasing sample size decreases the confidence interval

There is not guaruntee that every confidence interval will include the population mean

= significance level of the confidence interval degrees of freedom = n-1 n = sample size

0.001397

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