In: Statistics and Probability
Karen wants to advertise how many chocolate chips are in each Big Chip cookie at her bakery. She randomly selects a sample of 64 cookies and finds that the number of chocolate chips per cookie in the sample has a mean of 8.9 and a standard deviation of 1.5. What is the 90% confidence interval for the number of chocolate chips per cookie for Big Chip cookies? Enter your answers accurate to 4 decimal places.
Solution :
Given that,
Point estimate = sample mean = = 8.9
sample standard deviation = s = 1.5
sample size = n = 64
Degrees of freedom = df = n - 1 = 64 - 1 = 63
At 90% confidence level
= 1 - 90%
=1 - 0.90 =0.10
/2
= 0.05
t/2,df
= t0.05,63 = 1.669
Margin of error = E = t/2,df * (s /n)
= 1.669 * (1.5 / 64)
Margin of error = E = 0.3129
The 90% confidence interval estimate of the population mean is,
- E < < + E
8.9 - 0.3129 < < 8.9 + 0.3129
( 8.5871 < < 9.2129 )