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Question
a study of 50 people living in crescent beach, bc, showed the average age as 42 years with a standard deviation of 12 years. (note: round invnorm answer to 2 decimal places for your calculations)
a) find the 95% confidence interval of the mean age for all the people living in crescent beach.
b) if the 95% confidence interval of the study stays the same, but we have 100 people instead of 50, what happens to the confidence interval? why?
Step1: Find the critical value
For a 95% confidence interval, the critical value \( z\) is \( 1.96\) (from the standard normal distribution table).
Step2: Calculate the standard error for \( n = 50\)
The formula for the standard error \( SE=\frac{\sigma}{\sqrt{n}}\), where \(\sigma = 12\) and \(n = 50\).
Step3: Calculate the confidence interval for \( n = 50\)
The formula for the confidence interval is \(\bar{x}\pm z\times SE\). Assuming \(\bar{x} = 42\), the confidence interval is \(42\pm1.96\times1.70\).
The 95% confidence interval is \((38.67,45.33)\)
Step4: Calculate the standard error for \( n = 100\)
Using the formula \(SE=\frac{\sigma}{\sqrt{n}}\), with \(\sigma = 12\) and \(n = 100\)
Step5: Calculate the confidence interval for \( n = 100\)
Using \(\bar{x}\pm z\times SE\) with \(z = 1.96\), \(\bar{x}=42\)
The 95% confidence interval is \((39.65,44.35)\)
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a) The 95% confidence interval for \(n = 50\) is \((38.67,45.33)\)
b) When \(n\) increases from \(50\) to \(100\) (while keeping the confidence level and \(\bar{x},\sigma\) the same), the confidence interval becomes narrower. This is because the standard error \(SE=\frac{\sigma}{\sqrt{n}}\) decreases as \(n\) increases. A smaller standard error leads to a smaller margin of error (\(z\times SE\)), so the interval is more precise.