In: Statistics and Probability
A sample of 58 research cotton samples resulted in a sample average percentage elongation of 8.11 and a sample standard deviation of 1.45. Calculate a 95% large-sample CI for the true average percentage elongation μ. (Round your answers to three decimal places.)
Solution :
Given that,
Point estimate = sample mean =  
   = 8.11
Population standard deviation = 
    = 1.45
Sample size n =58
At 95% confidence level the z is ,
=
1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z 
 / 2   = Z0.025 = 1.96   ( Using z table
)
Margin of error = E =   Z/2    * (
 /n)
= 1.96 * ( 1.45/  58
 )
= 0.373
At 95% confidence interval
is,
- E <   < 
 + E
8.11 - 0.373 <  
< 8.11 + 0.373
7.737 <  
< 8.483