In: Math
As a follow-up to a report on gas consumption, a consumer group conducted a study of SUV owners to estimate the mean mileage for their vehicles. A simple random sample of 80 SUV owners was selected, and the owners were asked to report their highway mileage. The results that were summarized from the sample data were x overbarequals19.6 mpg and sequals6.6 mpg. Based on these sample data, compute and interpret a 95% confidence interval estimate for the mean highway mileage for SUVs. The 95% confidence interval is mpg---mpg
Solution :
Given that,
= 19.6
s =6.6
n =80
Degrees of freedom = df = n - 1 = 80 - 1 = 79
a ) At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/
2
= 0.05 / 2 = 0.025
t
/2,df = t0.025,79 = 1.990
Margin of error = E = t/2,df
* (s /
n)
=1.990 * (6.6 /
80) =1.4684
The 95% confidence interval estimate of the population mean is,
- E <
<
+ E
19.6 - 1.4684 <
< 19.6+ 1.4684
18.1316 <
< 21.0684
( 18.1316 , 21.0684)