Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

Question: Evaporation from swimming pools. Refer to the Heating/ Piping/Air Conditioning Engineering (April 2013) study of evaporation from occupied swimming pools, Exercise 6.34 (p. 349). The researchers desired an estimate of the mean absolute value of the deviation between the actual and estimated evaporation level (recorded as a percentage). Using a small sample, the researchers obtained the following summary statistics for absolute deviation percentage x = 18%, s = 20%. How many swimming pools must be sampled to estimate the true mean absolute deviation percentage to within 5% using a 90% confidence interval?

Short Answer

Expert verified

The number of swimming pools must be sampled to estimate the true mean absolute deviation percentage to within 5% using a 90% confidence interval is 43.

Step by step solution

01

Given Information

The confidence interval is 90%.

The sample standard deviation is 20%.

The sampling error is 5%.

02

State the formula used to obtain the sample size

The general formula for the sample size is given below:

n=Zα2σSE2

Where SE represents the sampling error.

The value of σis usually unknown. It can be estimated by the standard deviation, s from the prior sample.

03

 Compute the value

For the confidence level of 90%, the level of significance is 0.90.

For1-α=0.90α=0.10α2=0.05

Thecorresponding toZα2 the standard normal table is,

Zα2=Z0.05=1.645

04

Compute the sample size

The sample standard deviation is

s=20100=0.2

The sampling error is,

SE=5100=0.05

The sample size is computed as:

n=1.6450.20.052=6.582

Hence, the number of swimming pools must be sampled to estimate the actual mean absolute deviation percentage to within 5% using a 90% confidence interval is 43.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Wear-out of used display panels. Refer to Exercise 4.126 (p. 270) and the study of the wear-out failure time of used colored display panels purchased by an outlet store. Recall that prior to acquisition, the panels had been used for about one-third of their expected lifetimes. The failure times (in years) for a sample of 50 used panels are reproduced in the table. An SPSS printout of the analysis is shown below.

a. Locate a 95% confidence interval for the true mean failure time of used colored display panels on the printout.

b. Give a practical interpretation of the interval, part a.

c. In the repeated sampling of the population of used colored display panels, where a 95% confidence interval for the mean failure time is computed for each sample, what proportion of all the confidence intervals generated will capture the true mean failure time?

Accounting and Machiavellianism. Refer to the Behavioral Research in Accounting(January 2008) study ofMachiavellian traits in accountants, Exercise 6.19 (p. 341),where a Mach rating score was determined for each ina sample of accounting alumni who work as purchasingmanagers. Suppose you want to reduce the width of the95% confidence interval for the true mean Mach ratingscore of all purchasing managers you obtained in Exercise 6.19b. How many purchasing managers should be includedin the sample if you desire a sampling error of only 1.5Mach rating points? Useσ12 in your calculations.

Budget lapsing at army hospitals. Budget lapsing occurs when unspent funds do not carry over from one budgeting period to the next. Refer to the Journal of Management Accounting Research (Vol. 19, 2007) study on budget lapsing at U.S. Army hospitals, Exercise 2.113 (p. 126). Because budget lapsing often leads to a spike in expenditures at the end of the fiscal year, the researchers recorded expenses per full-time equivalent employee for each in a sample of 1,751 army hospitals. The sample yielded the following summary statistics:x¯=\(6,563 and s=\)2,484. Estimate the mean expenses per full-time equivalent employee of all U.S. Army hospitals using a 90% confidence interval. Interpret the result.

Question: Furniture brand familiarity. A brand name that consumers recognize is a highly valued commodity in any industry. To assess brand familiarity in the furniture industry, NPD (a market research firm) surveyed 1,333 women who head U.S. households that have incomes of $25,000 or more. The sample was drawn from a database of 25,000 households that match the criteria listed above. Of the 10 furniture brands evaluated, La-Z-Boy was the most recognized brand; 70.8% of the respondents indicated they were “very familiar” with La-Z-Boy.

a. Describe the population being investigated by NPD.

b. In constructing a confidence interval to estimate the proportion of households that are very familiar with the La-Z-Boy brand, is it necessary to use the finite population correction factor? Explain.

c. What estimate of the standard error of should be used in constructing the confidence interval of part b?

d. Construct a 90% confidence interval for the true proportion and interpret it in the context of the problem.

Describe the sampling distribution of based on large samples of size n—that is, give the mean, the standard deviation, and the (approximate) shape of the distribution of when large samples of size n are (repeatedly) selected fromthe binomial distribution with probability of success p.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free