--%>

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 : 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 : State Kendalls notation

    Kendall’s notation:  A/B/C/K/m/Z A, Inter-arrival distribution M exponential D constant or determ

  • 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

  • Q : Explain Queuing theory Queuing theory :

    Queuing theory: • Queuing theory deals with the analysis of lines where customers wait to receive a service:

    Q : Sample Questions in Graphical Solution

    Solved problems in Graphical Solution Procedure, sample assignments and homework Questions: Minimize Z = 10x1 + 4x2 Subject to

  • Q : Simplified demonstration of Littles Law

    Simplified demonstration of Little’s Law:

    Q : Cumulative Frequency and Relative

    Explain differences between Cumulative Frequency and Relative Frequency?

  • Q : Statics for each of the following

    for each of the following studies a and b decide whether to reject the null hypothesis that groiups come from identical populations. Use the .01 level. (c) Figure the effects size for each study. (d) ADVANCED TOPIC: Carry out an analysis of variance for study (a) using the strucurtal method.

  • 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 : Get Solved LP Problems Solve Linear

    Solve Linear Programming Questions A producer manufactures 3 models (I, II and III) of a particular product. He uses 2 raw materials A and B of which 4000 and 6000 units respectively are obtainable. The raw materials per unit of 3