Edexcel S3 2007 June — Question 6 6 marks

Exam BoardEdexcel
ModuleS3 (Statistics 3)
Year2007
SessionJune
Marks6
PaperDownload PDF ↗
Mark schemeDownload PDF ↗
TopicConfidence intervals
TypeCI with two different confidence levels same sample
DifficultyStandard +0.3 This question requires understanding the relationship between confidence intervals and critical values, then working backwards from a 99% CI to find the standard error, and forwards to construct a 95% CI. It's a standard S3 confidence interval manipulation requiring knowledge that CI width is proportional to z-values, but the multi-step calculation and conceptual understanding needed makes it slightly easier than average for A-level.
Spec5.05d Confidence intervals: using normal distribution

  1. A random sample of the daily sales (in £s) of a small company is taken and, using tables of the normal distribution, a 99\% confidence interval for the mean daily sales is found to be
    (123.5, 154.7)
Find a \(95 \%\) confidence interval for the mean daily sales of the company.
(6)

\begin{enumerate}
  \item A random sample of the daily sales (in £s) of a small company is taken and, using tables of the normal distribution, a 99\% confidence interval for the mean daily sales is found to be\\
(123.5, 154.7)
\end{enumerate}

Find a $95 \%$ confidence interval for the mean daily sales of the company.\\
(6)\\

\hfill \mbox{\textit{Edexcel S3 2007 Q6 [6]}}