--%>

Sample z test and Sample t test

A random sample X1, X2, …, Xn is from a normal population with mean µ and variance σ2. If σ is unknown, give a 95% confidence interval of the population mean, and interpret it. Discuss the major difference between one sample z test and one sample t test.

E

Expert

Verified

Suppose X1, X2, …, Xn be a random sample from a normal population with mean µ and variance σ2.

Assume that σ is unknown.

Define:

X‾: Sample mean
S: sample standard deviation
n: Sample Size

In this case the population variance is unknown, consequently we use t test for estimation of confidence interval.

A 95 % confidence interval for the population mean is given by:

461_stats1.jpg

here α = 0.05.

Note that if there population variance is known, we have to use normal distribution i.e. Z test instead of t distribution.

   Related Questions in Basic Statistics

  • Q : How to solve statistics assignment in

    How to solve staistics assignment, i need some help in solving stats assignment on AVOVA based problems. Could you help in solving this?

  • Q : Compute the stoke statistics Please do

    Please do the following and submit your results in the table format in a word file on canvas: a)      Go to Yahoo finance/Investing/Stocks/Research tools/Historical quotes/Historical prices and download adjusted monthly closing prices for the period 1/1/2006 to 31

  • Q : Creating Grouped Frequency Distribution

    Creating Grouped Frequency Distribution: A) At first we have to determine the biggest and smallest values. B) Then we have to Calculate the Range = Maximum - Minimum C) Choose the number of classes wished for. This is generally between 5 to 20. D) Find out the class width by dividing the range b

  • Q : Problem on Model Checking Part (a).

    Part (a). Draw a state diagram for a car with the following state variables: D indicating whether the car is in drive; B indicating the brake pedal is depressed; G indicating the gas pedal is depressed; and M indicating whether the car is moving. (For example, the sta

  • Q : Principles of data analysis For the

    For the data analysis project, you will address some questions that interest you with the statistical methodology we are learning in class. You choose the questions; you decide how to collect data; you do the analyses. The questions can address almost any topic,

  • Q : Assumptions in Queuing system

    Assumptions in Queuing system: • Flow balance implies that the number of arrivals in an observation period is equal to the

  • Q : Derived quantities in Queuing system

    Derived quantities in Queuing system: • λ = A / T, Arrival rate • X = C / T, Throughput or completion rate • ρ =U= B / T, Utilization &bu

  • Q : Model Checking Approach Model Checking

    Model Checking Approach: • Specify program model and exhaustively evaluate that model against a speci?cation        –Check that properties hold   

  • Q : OIL I need to product when oil will

    I need to product when oil will finish time (by years) for 6 countries if the keep their production (per day) in the same level. So, the 6 countries have fixed reserves and production 1. statistics for Bahrain Crude oil reserves (million barrels) = 124.6 be careful in million Crude oil producti

  • Q : Define Service Demand Law

    Service Demand Law:• Dk = SKVK, Average time spent by a typical request obtaining service from resource k• DK = (ρk/X