In: Statistics and Probability
Assume that a sample is used to estimate a population mean μ.
Find the 99% confidence interval for a sample of size 641 with a
mean of 21.3 and a standard deviation of 19.7. Enter your answer as
a tri-linear inequality accurate to 3 decimal places.
____ < μ < ____
Solution:
Confidence interval for population mean()
using t distribution
Given that,
= 21.3 ....... Sample mean
s = 19.7 ...Sample standard deviation
n = 641 ....... Sample size
Note that, Population standard deviation()
is unknown..So we use t distribution.
Our aim is to construct 99% confidence interval.
c = 0.99
= 1- c = 1- 0.99 = 0.01
/2
= 0.01
2 = 0.005
Also, n = 641
d.f= n-1 = 640
=
=
=
2.584
( use t table or t calculator to find this value..)
Now , confidence interval for mean()
is given by:
21.3 - 2.584*(19.7/
641)
21.3 + 2.584*(19.7/
641)
19.289 <
< 23.311
is the required 99% confidence interval for mean....