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Solutions to statistical analysis homework problems related to finding confidence intervals for population means and differences between means. The problems involve calculating point estimates, standard deviations, and confidence intervals using given data sets. The document also covers the relationship between confidence level and interval width, as well as the impact of sample size on interval width.
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Stat 4706 HW 2 Solutions Total Points Possible: 26 Instructions: Show all work. Calculations of x-bar and s and intermediate calculations may be done with a calculator or software, but do not use any software programs to generate the interval for you.
d) Suppose we took a new sample of 25 well sites and found a sample mean and standard deviation equal to those for the above sample. Calculate a 90% confidence interval for the population mean using n=25. What happens to the width of the interval when we increase the sample size?