In: Statistics and Probability
Construct the confidence interval for the population mean μ.
c = 0.98, x = 9.3, s = 0.5, and n = 50
A 98% confidence interval for μ is ( ____ , ____ ).
Solution :
Given that,
= 9.3
s = 0.5
n = 50
Degrees of freedom = df = n - 1 = 50 - 1 = 49
a ) At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,49= 2.405
Margin of error = E = t/2,df * (s /n)
= 2.405 * (0.5 / 50) = 0.1701
The 98% confidence interval estimate of the population mean is,
- E < < + E
9.3- 0.1701 < < 9.3 + 0.1701
9.1299 < < 9.4701
(9.1299 , 9.4701)