00:01
So we have a sample of size 15, and we have the mean of those values is 5 .87, and the sample standard deviation is 1 .51.
00:11
And we want to determine, i want to make sure it's 95%.
00:15
We want to get a 95 % confidence interval.
00:20
So we will take our mean, and now we need a t value that has 0 .025 in the upper tail, and we need 14 degrees of freedom and that value is 2 .145 and then we'll take our sample standard deviation divided by the square root of 15 and when we do that 5 .87 and subtract away 2 .145 times 1 .51 divided by the square root of 15 we find that that lower limit comes down to be 5 .034.
01:04
And then our upper value for that confidence interval, just changing that subtraction sign to an addition sign, gives us an upper value of 6 .706.
01:17
So we're 95 % confident that our actual mean lies somewhere in that interval.
01:26
Now, question b, they want the width to be half the size.
01:34
Half the size.
01:36
And we want to know what sample size do we need.
01:39
We already used a width of, or a sample size here, of 15...