In: Statistics and Probability
A random sample of thirty dash nine 200-meter swims has a mean time of 3.95 minutes and the population standard deviation is 0.08 minutes. Construct a 90% confidence interval for the population mean time. Interpret the results. The 90% confidence interval is
Solution :
Given that,
= 3.95
= 0.08
n = 30
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * (0.08 / 30)
= 0.024
At 90% confidence interval estimate of the population mean is,
- E < < + E
3.95 - 0.024 < < 3.95 + 0.024
3.926 < < 3.974
(3.926, 3.974)
The 90% confidence interval is (3.926, 3.974)