Small samples-estimation of population mean , Mathematics

Assignment Help:

Estimation of population mean

If the sample size is small (n<30) the arithmetic mean of small samples are not normally distributed. In such conditions, student's t distribution must be utilized to estimate the population mean.

In this case

Population mean µ = x¯ ±  tS

 x¯ = Sample mean

S =  s/√n

S = standard deviation of samples = 1985_Estimation of population mean.png

for small samples.

n = sample size

v = n - 1 degrees of freedom.

The value of t is acquired from student's t distribution tables for the essential confidence level

Illustration

A random sample of 12 items is taken and is found to have a mean weight of 50 gram and a standard deviation of 9 gram

What is the mean weight of population

a)         Along with 95 percent confidence

b)         Along with 99 percent confidence

Solution

   S = 9; v = n - 1 = 12 - 1 = 11;          

S= s/√n = 9/√12        

µ = x¯ ± t S 

At 95 percent confidence level

µ = 50 ± 2.262

= 50 ± 5.72 grams

Hence we can state with 95 percent confidence that the population mean is among 44.28 and 55.72 gram

At 99 percent confidence level

µ = 50 ± 3.25 (9/√12)

= 50 ± 8.07 gram

 Therefore we can state with 99 percent confidence that the population mean is between 41.93 and 58.07 grams

Note: To employ the t distribution tables it is significant to find the degrees of freedom (v = n - 1). In the illustration above v = 12 - 1 = 11

From the tables we find that at 95 percent confidence level against 11 and under 0.05, the value of t = 2.201

 


Related Discussions:- Small samples-estimation of population mean

Determine the critical points, Assume that the amount of money in a bank ac...

Assume that the amount of money in a bank account after t years is specified by, Find out the minimum & maximum amount of money in the account throughout the first 10 years

Determine the probability, An insurance company/organization takes a keen i...

An insurance company/organization takes a keen interest in the age at which a person is insured. Thus a survey conducted on prospective clients indicated that for clients having th

Derive the hicksian demand function using indirect utility , (a) Derive the...

(a) Derive the Marshalian demand functions and the indirect utility function for the following utility function: u(x1, x2, x3) = x1 1/6 x2 1/6 x3 1/6    x1≥ 0, x2≥0,x3≥ 0

How many multiplication required to calculate matrix product, (a) Assume th...

(a) Assume that A is a m 1 ×m 2 matrix and B is a m 2 ×m 3 matrix. How many multiplications are required to calculate the matrix product AB? (b) Given that A 1 is a 20 × 50 m

Operation research, advantages of vogel''s approximation method over north ...

advantages of vogel''s approximation method over north west corner method

Multiplicative rule - rules of probability, Multiplicative Rule - Rules of ...

Multiplicative Rule - Rules of Probability It is used when there is a string of independent events for that individual probability is known and it is essential to know the ove

Define the correlations, A retention counselor at a state university believ...

A retention counselor at a state university believes that freshman year success is related to high school standard tests in math and reading, and in the number of credits the stude

Parallelogram, The base and corresponding altitude of a parallelogram are 1...

The base and corresponding altitude of a parallelogram are 10 cm and 12 cm reap. If the other altitude is 8 cm , find the length of the other pair of parallel side

Mathematics is all around us-mathematics- in our lives, Mathematics Is All ...

Mathematics Is All Around Us :  What is the first thing you do when you get up? Make yourself a nice cup of tea or coffee? If so, then you're using mathematics! Do you agree? Cons

Calculate moving average, Calculate Moving Average The table given bel...

Calculate Moving Average The table given below represents company sales; calculate 3 and 6 monthly moving averages, for data Months Sales

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd