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....