MTH156 Mod 5 CSU Global Confidence Interval for The Mean with The Population Standard Deviation One can calculate the 95% confidence interval for the mean

MTH156 Mod 5 CSU Global Confidence Interval for The Mean with The Population Standard Deviation One can calculate the 95% confidence interval for the mean with the population standard deviation known. This will give us an upper and a lower confidence limit. What happens if we decide to calculate the 99% confidence interval? Describe how the increase in the confidence level has changed the width of the confidence interval. Do the same for the confidence interval set at 80%. Include an example with actual numerical values for the intervals in your post to help with your explanations. 100 visitors to park / time spent
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95% confidence level
100 Sample size
45 Sample Mean
30 Population Standard Deviation
0.95 Confidence Coefficient
0.05 Level of Significance
5.879892 Margin of Error
45 point Estimate
39.12011 Lower Limit
50.87989 Upper Limit
99% confidence level
100 Sample size
45 Sample Mean
30 Population Standard Deviation
0.99 Confidence Coefficient
0.01 Level of Significance
7.727488 Margin of Error
45 point Estimate
37.27251 Lower Limit
52.72749 Upper Limit
80% confidence level
100 Sample size
45 Sample Mean
30 Population Standard Deviation
0.8 Confidence Coefficient
0.2 Level of Significance
3.844655 Margin of Error
45 point Estimate
41.15535 Lower Limit
48.84465 Upper Limit
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