In: Statistics and Probability
A sample of 53 night-school students' ages is obtained in order to estimate the mean age of night-school students. x = 25.5 years. The population variance is 13.
(b) Find the 95% confidence interval for μ. (Give your answer correct to two decimal places.)
Lower Limit | |
Upper Limit |
(c) Find the 99% confidence interval for μ. (Give your answer
correct to two decimal places.)
Lower Limit | |
Upper Limit |
Solution :
Given that,
Point estimate = sample mean = = 25.5
Population standard deviation = = 3.6
Sample size = n = 53
a)
At 95% confidence level the z is ,
Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2* ( /n)
= 1.96* (3.6 / 53 )
= 0.97
At 95% confidence interval estimate of the population mean is,
- E < < + E
25.5 - 0.97 < < 25.5 + 0.97
24.53 < < 26.47
Lower limit = 24.53
Upper limit = 26.47
b)
At 99% confidence level the z is ,
Z/2 = Z0.005 = 2.576
Margin of error = E = Z/2* ( /n)
= 2.576* (3.6 / 53 )
= 1.27
At 99% confidence interval estimate of the population mean is,
- E < < + E
25.5 - 1.27 < < 25.5 + 1.27
24.23 < < 26.77
Lower limit = 24.23
Upper limit = 26.77