In a sample of 100 households, the mean number of hours spent on social networking sites during the month of January was 50 hours. In a much larger study, the standard deviation was determined to be 6 hours. Assume the population standard deviation is the same. What is the 98% confidence interval for the mean hours devoted to social networking in January?

 A.The 98% confidence interval ranges from 6 to 50 hours. 
B.The 98% confidence interval ranges from 48.60 to 51.40 hours.
 
C.The 98% confidence interval ranges from 49.40 to 50.60 hours.
 
D.The 98% confidence interval ranges from 50 to 52 hours.

Verified Answer :

The 98% confidence interval ranges from 48.60 to 51.40 hours.
Please research the included formula below, as it is crucial to understanding this topic.

better late than never :P

View image orioncgaming

Answer:

The correct option is B

Step-by-step explanation:

The formula for confidence interval for the mean is

\(Interval=\mu\pm z*\times \frac{\sigma}{\sqrt{n}}\)

Where, μ is population mean, σ is standard deviation, n is sample size and z* is z-score at given confidence interval.

From the z-table the value of z-score at 98% confidence interval is 2.33.

From the given information it is clear that

\(\mu=50\)

\(\sigma=6\)

\(n=100\)

The 98% confidence interval for the mean hours devoted to social networking in January is

\(Interval=50\pm 2.33\times \frac{6}{\sqrt{100}}\)

\(Interval=50\pm 2.33\times 0.6\)

\(Interval=50\pm 1.398\)

\(Interval=[50-1.398,50+1.398]\)

\(Interval=[48.602,51.398]\)

\(Interval=[48.60,51.40]\)

Therefore the 98% confidence interval ranges from 48.60 to 51.40 hours.  Option B is correct.