A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is o = 15. a. Compute the 95% confidence interval for the population mean. Round your answers to one decimal place. b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean. Round your answers to two decimal places. c. What is the effect of a larger sample size on the interval estimate?

MATLAB: An Introduction with Applications
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A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is o = 15.
a. Compute the 95% confidence interval for the population mean. Round your answers to one decimal place.
b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean.
Round your answers to two decimal places.
c. What is the effect of a larger sample size on the interval estimate?
Transcribed Image Text:A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is o = 15. a. Compute the 95% confidence interval for the population mean. Round your answers to one decimal place. b. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean. Round your answers to two decimal places. c. What is the effect of a larger sample size on the interval estimate?
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