Please show the steps leading to the answer as well. A sample of 19 joint specim
ID: 3222266 • Letter: P
Question
Please show the steps leading to the answer as well.
A sample of 19 joint specimens of a particular type gave a sample mean proportional limit stress of 8.55 MPa and a sample standard deviation of 0.72 MPa. (a) Calculate and interpret a 95% lower confidence bound for the true average proportional limit stress of all such joints. Interpret this bound. With 95% confidence, we can say that the value of the true mean proportional limit stress of all such joints is less than this value. With 95% confidence, we can say that the value of the true mean proportional limit stress of all such joints is centered around this value. With 95% confidence, we can say that the value of the true mean proportional limit stress of all such joints is greater than this value. What, if any, assumptions did you make about the distribution of proportional limit stress? We must assume that the sample observations were taken from a chi-square distributed population. We do not need to make any assumptions. We must assume that the sample observations were taken from a uniformly distributed population. We must assume that the sample observations were taken from a normally distributed population. (b) Calculate and interpret a 95% lower prediction bound for proportional limit stress of a single joint of this type. Interpret this bound. If this bound is calculated for sample after sample, in the long run 95% of these bounds will provide a higher bound for the corresponding future values of the proportional limit stress of a single joint of this type. If this bound is calculated for sample after sample, in the long run 95% of these bounds will be centered around this value for the corresponding future values of the proportional limit stress of a single joint of this type. If this bound is calculated for sample after sample, in the long run, 95% of these bounds will provide a lower bound for the corresponding future values of the proportional limit stress of a single joint of this type.Explanation / Answer
for std error=std deviation/(n)1/2 =0.1652
also for 95% lower bound t=1.734
hence lower confidence bound =sample mean -t*std error =8.26
for prediction interval' std error =std deviation(1+1/n)1/2 =0.7387
hence lower prediction interval =7.27