In: Statistics and Probability
A random sample of 47
two hundred meter swims* has a mean time of 3.99 minutes and the population standard deviation is 0.09 minutes.
*construct a ninety percent confidence interval for the population mean time. Interpret the results. The 90% confidence interval is___, ____.
Solution :
Given that,
Point estimate = sample mean = = 3.99
Population standard deviation = = 0.09
Sample size = n = 47
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z 0.05 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * (0.09 / 47)
= 0.02
At 90% confidence interval estimate of the population mean is,
- E < < + E
3.99 - 0.02 < < 3.99 + 0.02
3.97 < < 4.01
(3.97 , 4.01 )