In: Statistics and Probability
The grade averages for 10 randomly selected junior college students are listed below. Assume the grade averages are normally distributed. Find a 98% confidence interval for the true mean. 78 80 83 48 76 72 94 75 91 65
Solution :
Given that,
78 80 83 48 76 72 94 75 91 65
n = 10
= = 762 / 10 = 76.2
s = (x - )2 / n - 1 = 14.7
Point estimate = sample mean = = 76.2
sample standard deviation = s = 13.1
Degrees of freedom = df = n - 1 = 10 - 1 = 9
At 98% confidence level the t is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t /2,df = t0.01,9 = 2.821
Margin of error = E = t/2,df * (s /n)
= 2.821 * (13.1 / 8)
= 11.7
The 98% confidence interval estimate of the population mean is,
- E < < + E
76.2 11.7 < < 76.2 + 11.7
64.5 < < 87.9