In: Math
Constructa 99% confidence interval for the population mean, µ, AND State what type of Interval you use (ZInterval, TInterval, 1-PropZInterval). A sample of 22 professors had a mean amount of experience of 10.8 years with a standard deviation of 3.3 years. Assume the population is normally distributed
Solution :
TInterval,
Given that,
Point estimate = sample mean =
= 10.8
sample standard deviation = s = 3.3
sample size = n = 22
Degrees of freedom = df = n - 1 = 22 - 1 = 21
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t
/2,df =
t0.005,21 = 2.831
Margin of error = E = t
/2,df * (s /n)
= 2.831 * (3.3 / 22)
= 2.0
The 99% confidence interval estimate of the population mean is,
- E <
<
+ E
10.8 - 2.0 <
< 10.8 + 2.0
8.8 <
< 12.8
(8.8 , 12.8)