In: Statistics and Probability
Solution =
Given that,
n = 28
= 87
s = 11.7
Note that, Population standard deviation() is unknown..So we use t distribution.
Our aim is to construct 92% confidence interval.
c = 0.92
= 1 - c = 1 - 0.92 = 0.08
/2 = 0.08 2 = 0.04
Also, d.f = n - 1 = 27
= = 0.04,27 = 1.819
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n )
= 1.819 * ( 11.7/ 28 )
= 4.022
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
( 87 - 4.022 ) < < ( 87 + 4.022 )
82.978 < < 91.022
Required.99% confidence interval is ( 82.978 , 91.022 )