In: Statistics and Probability
A survey was conducted that asked 1018 people how many books they had read in the past year. Results indicated that x overbarxequals=11.8 books and s=16.6 books. Construct a 99% confidence interval for the mean number of books people read. Interpret the interval.
solution
Given that,
s =16.6
n = 1018
Degrees of freedom = df = n - 1 = 1018- 1 =1017
At 99% confidence level the t is ,
t
/2,df= t0.005,1017 = 2.581 ( using student t table)
Margin of error = E = t/2,df
* (s /
n)
= 2.581 * (16.6 /
1018) = 1.3428
The 99% confidence interval estimate of the population mean is,
11.8 - 1.3428 <
<11.8 + 1.3428
( 10.4572 ,13.1428)