Question

In: Statistics and Probability

0.1 0.4 3.1 1.9 2.0 5.1 1.3 3.6 3.6 2.7 1.9 7.5 3.8 2.3 9.2 3.0...

0.1 0.4 3.1 1.9 2.0 5.1 1.3 3.6 3.6 2.7 1.9 7.5 3.8 2.3 9.2 3.0 3.3 1.8 4.9 6.0 4.1 1.8 5.7 6.7 2.4 3.3 8.6

What is the margin of error for the population mean at 90% confidence level for the above information?

Solutions

Expert Solution

For the given data sample mean is

Create the following table.

data data-mean (data - mean)2
0.1 -3.6074 13.01333476
0.4 -3.3074 10.93889476
3.1 -0.6074 0.36893476
1.9 -1.8074 3.26669476
2.0 -1.7074 2.91521476
5.1 1.3926 1.93933476
1.3 -2.4074 5.79557476
3.6 -0.1074 0.01153476
3.6 -0.1074 0.01153476
2.7 -1.0074 1.01485476
1.9 -1.8074 3.26669476
7.5 3.7926 14.38381476
3.8 0.0926 0.00857476
2.3 -1.4074 1.98077476
9.2 5.4926 30.16865476
3.0 -0.7074 0.50041476
3.3 -0.4074 0.16597476
1.8 -1.9074 3.63817476
4.9 1.1926 1.42229476
6.0 2.2926 5.25601476
4.1 0.3926 0.15413476
1.8 -1.9074 3.63817476
5.7 1.9926 3.97045476
6.7 2.9926 8.95565476
2.4 -1.3074 1.70929476
3.3 -0.4074 0.16597476
8.6 4.8926 23.93753476

So

Now t table value for 26 df is 1.706

So Margin of Error is


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