In: Statistics and Probability
If n=23, ¯xx¯(x-bar)=48, and s=3, construct a confidence
interval at a 98% confidence level. Assume the data came from a
normally distributed population.
Give your answers to one decimal place.
< μμ <
Solution:
Note that, Population standard deviation() is unknown..So we use t distribution.
Our aim is to construct 98% confidence interval.
c = 98% = 0.98
= 1- c = 1- 0.98 = 0.02
/2 = 0.01
Also, d.f = n - 1 = 23 - 1 = 22
= = 0.01 , 22 = 2.508
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n)
= 2.508 * (3 / 23)
= 1.56886
= 1.6
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(48 - 1.6) < < (48 + 1.6)
46.4 < < 49.6