In: Statistics and Probability
You measure 50 textbooks' weights, and find they have a mean
weight of 32 ounces. Assume the population standard deviation is
2.9 ounces. Based on this, construct a 99% confidence interval for
the true population mean textbook weight.
Give your answers as decimals, to two places
I am 99% confident that the mean weight of textbooks is between and
ounces.
Solution :
Given that,
Point estimate = sample mean =
= 32
Population standard deviation =
= 2.9
Sample size = n =50
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2* ( /n)
= 2.576* ( 2.9/ 50)
= 1.06
At 99% confidence interval estimate of the population mean is,
- E < < + E
32-1.06 < < 32+1.06
30.94< <33.06
(,30.94,33.06 )