In: Math
Construct the confidence interval for the population mean
muμ.
cequals=0.980.98,
x overbar equals 8.2x=8.2,
sigmaσequals=0.90.9,
and
nequals=5858
A
9898%
confidence interval for
muμ
is
left parenthesis nothing comma nothing right parenthesis .,.
(Round to two decimal places as needed.)
Solution :
Given that,
Point estimate = sample mean =
= 8.2
Population standard deviation =
= 0.9
Sample size = n =58
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
Z/2 = Z0.01 = 2.326 ( Using z table ( see the 0.01 value in standard normal (z) table corresponding z value is 2.326 )
Margin of error = E = Z/2
* (
/n)
= 2.326 * ( 0.9 /
58)
E=0.27
At 98% confidence interval estimate of the population mean
is,
- E <
<
+ E
8.2 - 0.27 <
< 8.2 + 0.27
7.93 <
< 8.47
(7.93 , 8.47)