In: Math
1) A survey was conducted that asked 1002 people how many books they had read in the past year. Results indicated that x=12.9 books and s=16.6 books. Construct a 99% confidence interval for the mean number of books people read. Interpret the interval.
Given that,
= 12.9
s =16.6
n = 1002
Degrees of freedom = df = n - 1 = 1002- 1 = 1001
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2 df = t0.005, 1001= 2.581
Margin of error = E = t/2,df * (s /n)
= 2.581* (16.6 / 1002) =1.3535
The 99% confidence interval estimate of the population mean is,
- E < < + E
12.9 -1.3535 < < 12.9+ 1.3535
11.5465< < 14.2535
(11.5465,14.2535)