In: Statistics and Probability
A random sample of nequals9 values taken from a normally distributed population with a population variance of 16 resulted in the sample values shown below. Use the sample values to construct a 95% confidence interval estimate for the population mean. 54 45 55 44 44 52 47 59 50
The 95% confidence interval is -------.------- (Round to two decimal places as needed. Use ascending order.)
Solution:
Sample size = n = 9
54 45 55 44 44 52 47 59 50
Let be the sample mean
= (54+45+55+.......+59+50)/9 = 50
Given that
Population variance = 2 = 16
So ,
Population SD = = 4
Note that, Population standard deviation() is known..So we use z distribution.
Our aim is to construct 95% confidence interval.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025 and 1- /2 = 0.975
Search the probability 0.975 in the Z table and see corresponding z value
= 1.96
The margin of error is given by
E = /2 * ( / n )
= 1.96 * (4 / 9)
= 2.61
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(50 - 2.61) < < (50 + 2.61)
47.39 < < 52.61
The 95% confidence interval is 47.39 , 52.61