In: Statistics and Probability
A laboratory tested twelve chicken eggs and found that the mean amount of cholesterol was 182 milligrams with a standard deviation of 15.4 milligrams. Construct a 99% confidence interval for the true mean cholesterol content of all such eggs. Write a sentence summarizing your results.
Solution :
Given that,
Point estimate = sample mean =
= 182
Population standard deviation =
= 15.4
Sample size = n = 12
At 99% confidence level
= 1 - 99%
= 1 - 0.99 =0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
Margin of error = E = Z/2
* (
/n)
= 2.576 * ( 15.4 / 12
)
= 11.45
At 99% confidence interval estimate of the population mean is,
- E < < + E
182 - 11.45 < < 182 + 11.45
170.55 < < 193.45
( 170.55 , 193.45 )
At 99% confidence interval estimate of the population mean is ( 170.55 , 193.45 )