In: Statistics and Probability
If n = 12, x bar = 43, and s = 9, construct a confidence
interval at a 98% confidence level. Assume the data came from a
normally distributed population. Give your answers to three decimal
places.
____ < μ < ____
Solution :
Given that,
= 43
s = 9
n = 12
Degrees of freedom = df = n - 1 = 12 - 1 = 11
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
t
/2,df = t0.01,11 =2.326
Margin of error = E = t/2,df
* (s /
n)
= 2.326 * ( 9 /
12)
= 6.043
Margin of error = 6.043
The 98% confidence interval estimate of the population mean is,
- E <
<
+ E
43 - 6.043<
< 43 + 6.043
36.957 <
< 49.043