In: Statistics and Probability
A random sample of 11 fields of corn has a mean yield of 48.9 bushels per acre and standard deviation of 4.23 bushels per acre. Determine the 95% confidence interval for the true mean yield. Assume the population is approximately normal.
Step 1 of 2:
Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.
Step 2 of 2:
Construct the 95% confidence interval. Round your answer to one decimal place.
Solution :
Given that,
Point estimate = sample mean = = 48.9
sample standard deviation = s = 4.23
sample size = n = 11
Degrees of freedom = df = n - 1 = 11 - 1 = 10
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
t /2,df = t0.025,10 = 2.228
Margin of error = E = t/2,df * (s /n)
= 2.228 * (4.23 / 11)
= 2.8
The 95% confidence interval estimate of the population mean is,
- E < < + E
48.9 - 2.8 < < 48.9 + 2.8
46.1 < < 51.7
The 95% confidence interval is (46.1 , 51.7)