In: Statistics and Probability
For some objects that are normally distributed, there is a variance 15 and unknown mean μ. In a simple random sample of 45 objects, the sample mean object was 16. Construct a symmetric 90% confidence interval forμ.
Solution
a) variance = 2 = 15
standard deviation = = 2 = 15 = 3.87
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2
* (
/n)
= 1.645 * ( 3.87 / 45
)
= 0.95
At 90% confidence interval estimate of the population mean is,
± E
= 16 ± 0.95
= ( 15.05, 16.95 )
b) variance = 2 = 9
standard deviation = = 2 = 9 = 3
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2
* (
/n)
= 1.645 * ( 3 / 36
)
= 0.82
At 90% confidence interval estimate of the population mean is,
± E
= 15 ± 0.82
= ( 14.18, 15.82 )