In: Statistics and Probability
If n=15, ¯ x (x-bar)=36, and s=7, construct a confidence interval at a 95% confidence level. Assume the data came from a normally distributed population.
Give your answers to one decimal place.
()< μ<()
Solution :
Given that,
Point estimate = sample mean = = 36
sample standard deviation = s = 7
sample size = n = 15
Degrees of freedom = df = n - 1 = 14
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
t /2,df = t0.025,14 = 2.145
Margin of error = E = t/2,df * (s /n)
= 2.145 * (7 / 15)
= 3.9
The 95% confidence interval estimate of the population mean is,
- E < < + E
36 - 3.9 < < 36. + 3.9
32.1 < < 39.9
(32.1 , 39.9)