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,
= 11.8
s =16.6
n = 1018
Degrees of freedom = df = n - 1 = 1018- 1 =1017
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
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,
- E < < + E
11.8 - 1.3428 < <11.8 + 1.3428
10.4572 < < 13.1428
( 10.4572 ,13.1428)