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Interval Estimation

The document discusses estimation and describes two types of estimates: point estimates and interval estimates. It provides examples of how to calculate a 95% confidence interval using a sample mean and standard deviation when the population is normally distributed. Specifically, it gives the formula and steps to find the 95% confidence interval for the mean mass of vitamin E in capsules based on a sample of 5 capsules.
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Download as PPTX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
161 views

Interval Estimation

The document discusses estimation and describes two types of estimates: point estimates and interval estimates. It provides examples of how to calculate a 95% confidence interval using a sample mean and standard deviation when the population is normally distributed. Specifically, it gives the formula and steps to find the 95% confidence interval for the mean mass of vitamin E in capsules based on a sample of 5 capsules.
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Estimation Is the entire process of using an estimator to produce an estimate of the parameter 2 types of estimation

Point Estimate
A single number used to estimate a population parameter

Interval Estimate
A spread of values used to estimate a population parameter The interval is usually written (a, b) where a and b are known as confidence limit a lower confidence limit b upper confidence limit

The mass of vitamin E in a capsule manufactured by a certain drug company is normally distributed with standard deviation 0.042 mg. A random sample of 5 capsules was analyzed and the mean mass of vitamin E was found to be 5.12 mg. Find the 95% confidence interval for the population mean mass of vitamin E per capsule.

Confidence Interval
Range of numbers that have a high probability of

containing the unknown parameter as an interior point. By looking at the width of a confidence interval, we can get a good sense of the estimator precision. Width = b a

Confidence Coefficient 1 ) (

The probability of correctly including the population

parameter being estimated in the interval that is produced

Level of Confidence
The confidence coefficient expressed as a percent ,
Example:

1 100%

A plant produces steel sheets whose weights are known to be normally distributed with a standard deviation of 2.4 kg. A random sample of 36 sheets had a mean weight of 3.14 kg. Find the 99% confidence interval for the population mean weight.

A random number of 100 pieces of wood are cut using a machine. The sample mean of length in cm is 1.06 cm and the standard deviation is 0.08 cm. Find the 95% confidence interval for mean length all the woods cut by the machine.

The mean IQ score for 25 ITS students is 115 with standard deviation 10. If the IQ score for all ITS students is normally distributed. find the 95% confidence interval for the mean IQ score for all ITS students.

8 ITS students are randomly chosen and the value of their IPK has been collected as below. 3.20 2.76 2.94 3.41 2.92 2.99 3.01 3.11 Find the 95% confidence interval for the IPK mean for all ITS students.

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