You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidênce intervals. If convenient, use technology to construct the confidence intervals. A random sample of 55 home theater systems has a mean price of $113.00. Assume the population standard deviation is $19.90. Construct a 90% confidence interval for the population mean. The 90% confidence interval is ( ). (Round to two decimal places as needed.) Construct a 95% confidence interval for the population mean. The 95% confidence interval is (. (Round to two decimal places as needed.) Interoret the results. Choose the correct answer below. Click to select your answer(s).-

MATLAB: An Introduction with Applications
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I'm unable to transcribe the specific content of your image, but it seems to be related to constructing confidence intervals for a population mean using statistical methods. Here's a general guide on the topic:

---

### Understanding Confidence Intervals for the Population Mean

**Key Concepts:**
- **Confidence Interval (CI):** An estimated range of values likely to include an unknown population parameter, calculated from the sample data.
- **Population Mean (μ):** The average of a group of values in a population.
- **Sample Mean (x̄):** The average of values in a sample taken from the population.
- **Standard Deviation (σ):** A measure of the amount of variation in a set of values.

**Steps to Constructing a Confidence Interval:**
1. **Identify the Sample Mean (x̄):** Gather data from a sample and calculate its mean.
2. **Know the Population Standard Deviation (σ):** Often provided or calculated from a larger data set.
3. **Select the Confidence Level:** Common levels include 90%, 95%, and 99%.
4. **Find the Z-score or T-score:** Depending on whether the population standard deviation is known and the sample size.
5. **Calculate the Margin of Error (ME):**
   \[
   ME = Z \times \left(\frac{\sigma}{\sqrt{n}}\right)
   \]
   - \(Z\) is the Z-score for the selected confidence level.
   - \(n\) is the sample size.
6. **Form the Confidence Interval:**
   \[
   CI = (x̄ - ME, x̄ + ME)
   \]

**Example:**
- A sample of 155 stereo systems has a mean price of $113.00.
- Population standard deviation is $19.90.
- Construct 90% and 95% confidence intervals for the mean.
  
**Tasks:**
- Calculate the intervals with the formula provided.
- Compare the widths of different confidence intervals.
- Use statistical technology tools if available for calculations.

### Graph/Diagram Explanation
If there were graphs or diagrams in the original material:
- **Graphs/Charts:** Visual representations to help compare the confidence intervals.
- **Illustrations:** Can include error bars denoting the margin of error and confidence levels.

---

This information can aid in understanding how to use sample data to make inferences about a population mean.
Transcribed Image Text:I'm unable to transcribe the specific content of your image, but it seems to be related to constructing confidence intervals for a population mean using statistical methods. Here's a general guide on the topic: --- ### Understanding Confidence Intervals for the Population Mean **Key Concepts:** - **Confidence Interval (CI):** An estimated range of values likely to include an unknown population parameter, calculated from the sample data. - **Population Mean (μ):** The average of a group of values in a population. - **Sample Mean (x̄):** The average of values in a sample taken from the population. - **Standard Deviation (σ):** A measure of the amount of variation in a set of values. **Steps to Constructing a Confidence Interval:** 1. **Identify the Sample Mean (x̄):** Gather data from a sample and calculate its mean. 2. **Know the Population Standard Deviation (σ):** Often provided or calculated from a larger data set. 3. **Select the Confidence Level:** Common levels include 90%, 95%, and 99%. 4. **Find the Z-score or T-score:** Depending on whether the population standard deviation is known and the sample size. 5. **Calculate the Margin of Error (ME):** \[ ME = Z \times \left(\frac{\sigma}{\sqrt{n}}\right) \] - \(Z\) is the Z-score for the selected confidence level. - \(n\) is the sample size. 6. **Form the Confidence Interval:** \[ CI = (x̄ - ME, x̄ + ME) \] **Example:** - A sample of 155 stereo systems has a mean price of $113.00. - Population standard deviation is $19.90. - Construct 90% and 95% confidence intervals for the mean. **Tasks:** - Calculate the intervals with the formula provided. - Compare the widths of different confidence intervals. - Use statistical technology tools if available for calculations. ### Graph/Diagram Explanation If there were graphs or diagrams in the original material: - **Graphs/Charts:** Visual representations to help compare the confidence intervals. - **Illustrations:** Can include error bars denoting the margin of error and confidence levels. --- This information can aid in understanding how to use sample data to make inferences about a population mean.
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