In: Statistics and Probability
The daily intakes of milk (in ounces) for ten randomly selected children were:
23.3 28.4 10.5 16.4 26.4
18.1 20.4 17.3 27.4 13.2
Find a 98% confidence interval for the population mean μ.
The formula for calculating the confidence interval for true mean of population is given by:
We have given a random sample of childrens in take of milk (in ounces) and we have to calculate the sample mean and sample standard devaition for the sample.
Critical value: For 98% confidence,
So the 98% confidence interval for the true mean daily intake of milk for children is calculated as , i.e.,