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Final - Estimation Examples - For Students

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Shubhang Singh
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0% found this document useful (0 votes)
10 views

Final - Estimation Examples - For Students

Uploaded by

Shubhang Singh
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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A large hospital wants to estimate the average length of time previous patients who have had surgery have

remained in the
hospital. The standard deviation of the lengths of stay of all previous surgery patients is known to be 7.4 days. A random
sample of 50 surgery patients’ records is obtained and the mean length of time these patients stayed in the hospital was
6.2 days. Find a 95% confidence interval for the mean length of time all surgery patients stay in the hospital.

1
Sigma = 7.4 Using Function
Sample Size n = 50 Lower Limit =
Sample Mean xbar = 6.2 Upper Limit =
Alpha (significant level)= 0.05
Tail = 2 Theoretical
SE = 1.046518036 Lower Limit =
Upper Limit =

A survey conducted by a shopping mall group showed that a family in a metro-city spends an average of Rs. 500 on clothes
every month. Suppose a sample of 81 families resulted in a sample mean of Rs. 540 per month and a sample standard
deviation of Rs. 150; develop a 95% confidence interval estimator of the mean amount spent per month by a family.

2
Sigma = 150 Using Function
Sample Size n = 81 Lower Limit =
Sample Mean xbar = 540 Upper Limit =
Alpha (significant level)= 0.05
Tail = 2
SE = 16.66666667 ME =

Repeated tests on the determination of human blood composition during a laboratory analysis are known to be normally
distributed. Ten tests on a given sample of blood yielded the values.
1.002, 0.958, 1.014, 1.009, 1.041, 1.058, 1.024, 1.019, 1.020,0.962
Find a 99 per cent confidence interval for true composition of the blood in repeated tests of the sample.

3
X
1.002 Sample Size n =
0.958 Sample Mean (X - bar) =
1.014 sample St. Deviation (s) = Lower Limit =
1.009 Alpha = Upper Limit =
1.041 Tails =
1.058 SE =
1.024 degree of freedom (df) =
1.019
1.02 Lower Limit =
0.962 Upper Limit =
Area Property
Note: 68.3 Xbar +- (1 * SE)
95.5 Xbar +- (2 * SE)
99.7 Xbar +- (3 * SE)

4
Practice sums ppt Ex. No. 5
Sigma =
Sample size (n) =
Sample mean (x - bar) = Lower Limit =
Alpha = Upper Limit =
Tails =
LL =
SE = UL =

5 Sample size (n) =


Sample proportion(p-bar) = Lower Limit =
Sample Proportion (q - bar) = Upper Limit =
Alpha =
Tails =
SE =

Sample Size for Estimating a mean

Ex.1

Suppose a university is performing a survey of the annual earnings of last year's graduates from its business
school. It knows from past experience that the standard deviation of the annual earnings of the entire
population (1000) of these graduates is about $1500. How large a sample size should the university take in order
to estimate the mean annual earnings of last year's class within $500 and at a 95% confidence level?

Solution: Alpha =
(-)500 / SE <= Z <= 500/SE Tails =
Let us consider Z <= 500 / SE Sigma =
z * SE <= 500 Error =
for 95% confidence level, Z = z=
1.96 * SE = 500
SE = 500 / 1.96 = 255
sigma / sqrt(n) = 255
1500 / sqrt(n) = 255
sqrt(n) = 1500 / 255 = 5.882
n = 34.6

Ex. 2
Suppose we wish to poll students at a large state university. We want to determine what proportion of them is
in favor of a new grading system. We would like a sample size that will enable us to be 90% certain estimating
the true proportion of the population of 40,000 students that is in favor of the new system within plus or minus
0.02.
Tails =
Solution: Alpha =
(-0.02) / SE <= Z <= 0.02 / SE z=
Let us consider Z <= 0.02 / SE E=
Z * SE = 0.02 P=
z= q=
1.64 * SE = 0.02
1.64 * sqrt (pq / n) = 0.02 Pq / (E / Z)^2
sqrt (pq / n) = 0.0122 {(Z * sqrt(pq))/ E}^2
pq / n = 0.00014884
pq = 0.00014884 * n
n = (0.5)(0.5)/ 0.00014884
n = 1680
d surgery have remained in the
wn to be 7.4 days. A random
ts stayed in the hospital was
y in the hospital.

4.14886233861476 4.14886234 1.959964


8.25113766138524 8.25113766

4.14886234

n average of Rs. 500 on clothes


th and a sample standard
t per month by a family.

507.3339336
572.6660664

32.66606644

sis are known to be normally

the sample.
raduates from its business
arnings of the entire
ould the university take in order
% confidence level?
ne what proportion of them is
to be 90% certain estimating
w system within plus or minus
n= 50
xbar = 112
Sigma = 56 SE = 7.919596

Below 100
0.064857

Greater than 120


0.156211
Between 100 and 130
0.923625

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