In: Statistics and Probability
A survey was conducted that asked 1019 people how many books they had read in the past year. Results indicated that x overbarequals10.9 books and sequals16.6 books. Construct a 99% confidence interval for the mean number of books people read. Interpret the interval.
Construct a
99%
confidence interval for the mean number of books people read and interpret the result. Select the correct choice below and fill in the answer boxes to complete your choice.
(Use ascending order. Round to two decimal places as needed.)
A.If repeated samples are taken,
9999%
of them will have a sample mean between
nothing
and
nothing.
B.There is
9999%
confidence that the population mean number of books read is between
blank
and
blank
C.There is a
9999%
chance that the true mean number of books read is between
nothing
and
nothing.
Here, we have given that,
n= Number of people read many books past year= 1019
= sample mean = 10.9 books
s=sample standard deviation = 16.6 books
Now, we want to find the 99% confidence interval for population mean (number of books peopole read)
Formula is as follows,
Where
E=Margin of error =
Now, first we find the critical value
Degrees of freedom = n-1 = 1019-1=1018
c=confidence level =0.99
=level of significance=1-c=1-0.99=0.01
and we know that confidence interval is always two tailed
t-critical =2.581 ( using t table )
Now,
E=
=
=1.342
we get the margin of error E= 1.342
We get the 99% confidence interval for the population mean
Interpretation:
This is the 99% CI which shows that we have 90% confidence that this population mean will fall within this interval.