--%>

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 : 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 : 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 : 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 : Spss in Business and Management Please

    Please tell me the cost of this current assignment. Note : I do not want the Solutions but please tell me the price as the assignment is .. Is the cost 3 euro? Do you sell those questions?

  • Q : Quantities in a queuing system

    Quantities in a queuing system: A: Count of

  • Q : Designing a system What are the

    What are the questions that comes into mind when designing a system?

  • Q : Point of estimate standing data se to

    standing data se to develop a point of estimate

  • 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 : STATISTICS Question This week you will

    This week you will analyze if women drink more sodas than men.  For the purposes of this Question, assume that in the past there has been no difference.  However, you have seen lots of women drinking sodas the past few months.  You will perform a hypothesis test to determine if women now drink more

  • Q : Sample Questions in Graphical Solution

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