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1 PT ANY SOLUTION B. 1pts/no.

1 PT CORRECT t-VALUE 1. α= 0.87


1 PT CORRECT α 2. α= 0.94
A. 1pts/no. 3. α= 0.5
1. t= 1.711 4. α= 0.87
2. t= 2.602 5. α=0.57
3. t= 1.397
4. t= 2.921 C. t= 0.89 (2pts)
5. t= 1.734
Total 12+5 Correct Format
= 17
• Statistical inference is making conclusion or generalization
about the population based on the study of samples.
• Point estimate is a single value that estimates the population
parameter, such as 𝑥ҧ as estimate for μ, or s as estimate for σ.
• Interval estimate sometimes called confidence interval, is a
range or interval (with lower and upper limits) used to
estimate the population parameter. It is usually in the form a
< θ < b, which tells that the estimated parameter (θ) is
between two values (a and b) at a certain level of confidence.
When the population variance or standard deviation σ
is known, or when n ≥ 30 (by central limit theorem), the
formula below can be used as an interval estimate of
population mean μ at a certain degree of confidence
(α):

𝝈 𝝈
ഥ − 𝒛𝒂ൗ
𝒙 ഥ + 𝒛𝒂ൗ
<𝛍<𝒙
𝟐 𝒏 𝟐 𝒏
Confidence Level
90% 95% 97% 98% 99%
or (1 – 𝛼) 100%

𝑧αൗ 1.65 1.96 2.17 2.33 2.58


2
𝛼 0.10 0.05 0.03 0.02 0.01
Confidence Level or
90% 95% 97% 98% 99%
(1 – α) 100%
One-tailed 1.29 1.65 1.89 2.06 2.33

Two-tailed 1.65 1.96 2.17 2.33 2.58


• Margin of Error (e) refers to the maximum acceptable
difference (determined by α) between the observed sample
statistic (mean or proportion) and the true population
𝝈
parameter (mean or proportion). 𝐞 = 𝒛𝒂Τ𝟐
𝒏

𝒛𝜶ൗ 𝝈 𝟐
𝟐
• For sample size 𝒏=
𝒆
Compute the margin of error of the 95% confidence
interval estimate of μ when σ=10, n=25.
𝝈
𝐞 = 𝒛𝒂ൗ
𝟐 𝒏
𝟏𝟎
𝐞 = 𝟏. 𝟗𝟔
𝟐𝟓
𝐞 = 𝟏. 𝟗𝟔(𝟐)
𝐞 = 𝟑. 𝟗𝟐
Compute the 98% confidence interval estimate of μ given the
following: σ=6.4, n=40, 𝑥=42.
ҧ
𝝈 𝝈
ഥ − 𝒛𝒂ൗ
𝒙 ഥ + 𝒛𝒂ൗ
<𝛍<𝒙
𝟐 𝒏 𝟐 𝒏
𝟔. 𝟒 𝟔. 𝟒
𝟒𝟐 − 𝟐. 𝟑𝟑 < 𝛍 < 𝟒𝟐 + 𝟐. 𝟑𝟑
𝟒𝟎 𝟒𝟎
𝟒𝟐 − 𝟐. 𝟑𝟑 𝟏. 𝟎𝟏𝟏𝟗 < 𝛍 < 𝟒𝟐 + 𝟐. 𝟑𝟑 𝟏. 𝟎𝟏𝟏𝟗
𝟑𝟗. 𝟔𝟒 < 𝛍 < 𝟒𝟒. 𝟑𝟔
A car company wants to estimate the miles-per gallon
rate of their new car model. It was known through
experience that similar models have standard
deviation of 4.5 miles-per-gallon. A random sample of
100 units of the new model showed a mean of 32
miles-per-gallon. Construct a 97% confidence interval
for the population mean miles-per-gallon rate of the
new car model.
𝝈 𝝈
ഥ − 𝒛𝒂ൗ
𝒙 ഥ + 𝒛𝒂ൗ
<𝛍<𝒙
𝟐 𝒏 𝟐 𝒏
𝟒.𝟓 𝟒.𝟓
3𝟐 − 𝟐. 𝟏𝟕 < 𝛍 < 𝟑𝟐 + 𝟐. 𝟏𝟕
𝟏𝟎𝟎 𝟏𝟎𝟎
3𝟐 − 𝟐. 𝟏𝟕 𝟎. 𝟒𝟓 < 𝛍 < 𝟑𝟐 + 𝟐. 𝟏𝟕 𝟎. 𝟒𝟓
3𝟏. 𝟎𝟐 < 𝛍 < 𝟑𝟐. 𝟗𝟖
In Estimating the mean selling price of all college
textbooks which was reported to have a standard
deviation of ₱80, how many college textbooks must be
selected as samples if you want to be 95% confident
that the sample mean is within ₱20 of the true
population mean?
𝒛𝜶ൗ 𝝈 𝟐
𝟐
𝒏= 𝟐
𝒆 𝒏 = 𝟕. 𝟖𝟒
𝟐
𝒏=
(𝟏. 𝟗𝟔)(𝟖𝟎) 𝒏 = 𝟔𝟏. 𝟒𝟔𝟓𝟔
𝟐𝟎
𝟐 𝒏 = 𝟔𝟏 textbooks
𝟏𝟓𝟔. 𝟖
𝒏=
𝟐𝟎
showed

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