In: Statistics and Probability
The life in hours of a certain type of lightbulb is normally distributed with a known standard deviation of 10 hours. A random sample of 15 lightbulbs has a sample mean life of 1000 hours. What would the 99% lower-confidence bound L on the mean life be, rounded to the nearest integer?
Solution :
Given that,
= 1000
s = 10
n = 15
Degrees of freedom = df = n - 1 = V - 1 = 14
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2,df = t0.005,14 = 2.977
Margin of error = E = t/2,df * (s /n)
= 2.977 * (10 / 15)
= 7.686
Margin of error = 7.686
The 99% confidence interval estimate of the population mean is,
- E < < + E
1000 - 7.686 < < 1000 + 7.686
992.314 < < 1007.686
(992.314, 1007.686 )