In: Math
For the following data values below, construct a 90% confidence interval if the sample mean is known to be 0.719 and the population standard deviation is 0.366. (Round to the nearest thousandth) (Type your answer in using parentheses!Use a comma when inputing your answers! Do not type any unnecessary spaces! List your answers in ascending order!) for example: (0.45,0.78)
0.56, 0.75, 0.10, 0.95, 1.25, 0.54, 0.88
SOLUTION:
From given data,
For the following data values below, construct a 90% confidence interval if the sample mean is known to be 0.719 and the population standard deviation is 0.366. (Round to the nearest thousandth) (Type your answer in using parentheses!Use a comma when inputing your answers! Do not type any unnecessary spaces! List your answers in ascending order!) for example: (0.45,0.78)
0.56, 0.75, 0.10, 0.95, 1.25, 0.54, 0.88
We have,
Sample Mean = = 0.719
Population Standard deviation = = 0.366
Sample size = n = 7
90% confidence interval
Confidence interval is 90%
90% = 90/100 = 0.90
= 1 - Confidence
interval = 1-0.90 = 0.10
/2 = 0.10 / 2
= 0.05
Z/2 =
Z0.05 = 1.64
for the population mean µ
Z
/2
(
/
)
Z0.05
(
/
)
0.719 1.64
(0.366 /
)
0.719 1.64
(0.366 /2.645751)
0.719 1.64
0.138335
0.719 0.2268694
(0.719-0.2268694,0.719+0.2268694)
(0.4921306,0.9458694)
(0.49,0.95)