In: Statistics and Probability
John measured the total playing time of 35 randomly chosen CDs from his very large collection and found a mean of 79.7 minutes and a standard deviation of 9.8 minutes. Give the 93% confidence interval for the population mean, assuming that the population is approximately normally distributed. Round the endpoints to two decimal places.
Solution :
Given that,
 = 79.7
 = 9.8
n = 35
At 93% confidence level the z is ,
  = 1 - 93% =
1 - 0.93 = 0.07
 / 2 = 0.07 / 2 = 0.035
Z
/2 = Z0.035 =
1.81
Margin of error = E = Z
/2* (
 /n)
= 1.81 * (9.8 / 35)
= 3.00
At 93% confidence interval estimate of the population mean is,
 - E < 
 < 
 + E
79.7 - 3.00 < 
 < 79.7 + 3.00
76.70 < 
 < 82.70
(76.70 , 82.70)