You research prices of cell phones and find that the population mean is \$431.61. In Exercise 19, does the t-value fall between -t0.95 and t0.95?
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- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
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- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
7. Sampling Distributions & Confidence Intervals: Mean
Confidence Intervals for Population Mean
Problem 6.2.15
Textbook Question
In Exercises 15 and 16, find the t-value for the given values of xbar, μ, s and n.
xbar = 70.3, μ = 64.8, s = 7.1, n = 16
Verified step by step guidance1
Step 1: Recall the formula for the t-value in a one-sample t-test: , where x̄ is the sample mean, μ is the population mean, s is the sample standard deviation, and n is the sample size.
Step 2: Substitute the given values into the formula: x̄ = 70.3, μ = 64.8, s = 7.1, and n = 16. The formula becomes: .
Step 3: Simplify the denominator by calculating the standard error of the mean: . Compute the square root of 16 and divide 7.1 by the result.
Step 4: Subtract the population mean (μ) from the sample mean (x̄): . This gives the numerator of the t-value formula.
Step 5: Divide the result from Step 4 (numerator) by the result from Step 3 (denominator) to calculate the t-value: .
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
t-value
The t-value is a statistic used in hypothesis testing to determine if there is a significant difference between the sample mean and the population mean. It is calculated by taking the difference between the sample mean (x̄) and the population mean (μ), and dividing it by the standard error of the mean. The t-value helps assess how far the sample mean is from the population mean in terms of standard deviations.
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Standard Error of the Mean (SEM)
The Standard Error of the Mean (SEM) quantifies how much the sample mean (x̄) is expected to vary from the true population mean (μ). It is calculated by dividing the sample standard deviation (s) by the square root of the sample size (n). A smaller SEM indicates that the sample mean is a more accurate estimate of the population mean, which is crucial for calculating the t-value.
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Calculating the Mean
Degrees of Freedom
Degrees of freedom (df) refer to the number of independent values that can vary in a statistical calculation. In the context of a t-test, the degrees of freedom are typically calculated as n - 1, where n is the sample size. This concept is important because it affects the shape of the t-distribution used to determine critical values and p-values in hypothesis testing.
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