Reference no: EM13918681

Problem 1 (Compute CI for small sample using t-distribution given sample statistics). From a population of normally distributed IQ scores, a random sample of 25 scores yields sample mean as X = 98:4 and sample deviation Sx = 14:2. Find a 98% con dence interval for the true mean score of this population. Use Excel's TINV function to obtain your answer.

Problem 2 (Compute CI using t-distribution given raw data). Standardized test scores areoften found to be normally distributed. The data set below is a random sample of combined SAT scores from a group of sophomores picked from a random university. Compute the sample mean, sample deviation and nd a 95% con dence interval for the mean SAT score of sophomores at this university.

1270 1110 1280 970 720 1350 1070
1220 1220 1020 1210 1170 910 1320
1160 1150 880 1030 1070 1120
950 1440 1080 1020 860 980
1070 850 1200 1400 920 800

Use Excel's TINV function to obtain your answer.

Problem 3 (Compare CI using z-score and t-score). A random sample of size 400 from a normally distributed population yields X = 980:5 and Sx = 56:3. Compare the results of finding a 99% con dence interval for when using z-scores rather than t-scores. Use Excel's TINV and NORMINV functions to obtain your answer.