document.write( "Question 865293: (I'm stuck on this question, can someone please help?)
\n" );
document.write( "Recently, a university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,577. The population standard deviation is $2,566. What is the 95% confidence interval for the mean salary of all graduates from the English Department?\r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( " [$25,326, $25,828]
\n" );
document.write( " [$25,365, $25,789]
\n" );
document.write( " [$25,246, $25,908]
\n" );
document.write( " [$25,336, $27,101]
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #521669 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! Use this table to get the critical value of \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The sample mean is xbar = 25577 (given) \n" ); document.write( "The population standard deviation is sigma = 2566 (given) \n" ); document.write( "The sample size is n = 400 (given) \n" ); document.write( "From above, the critical value for a 95% confidence interval is z = 1.960 (this is approximate)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We will use these values to plug them into the lower bound L and upper bound U formulas below\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = xbar - z*sigma/sqrt(n) \n" ); document.write( "U = xbar + z*sigma/sqrt(n)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "where the confidence interval is [L, U]\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now let's find the lower bound L of the confidence interval\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = xbar - z*sigma/sqrt(n)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = 25577 - 1.960*2566/sqrt(400)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = 25577 - 251.468\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = 25325.532\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = 25326\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now let's find the upper bound U of the confidence interval\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = xbar + z*sigma/sqrt(n)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = 25577 + 1.960*2566/sqrt(400)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = 25577 + 251.468\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = 25828.468\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = 25828\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So the confidence interval [L,U] is [25326, 25828]\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This is choice A) [$25,326, $25,828] \n" ); document.write( " \n" ); document.write( " |