In: Statistics and Probability
Karen wants to advertise how many chocolate chips are in each
Big Chip cookie at her bakery. She randomly selects a sample of 45
cookies and finds that the number of chocolate chips per cookie in
the sample has a mean of 9.1 and a standard deviation of 3.8. What
is the 80% confidence interval for the number of chocolate chips
per cookie for Big Chip cookies?
Enter your answers accurate to one decimal place.
< μμ >
Solution :
Given that,
Point estimate = sample mean = = 9.1
Population standard deviation = = 3.8
Sample size n =45
At 80% confidence level the z is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2 =0.10
Z / 2 = Z0.10 = 1.28 ( Using z table )
Margin of error = E = Z/2 * (
/n)
= 1.28 * ( 3.8 / 45 )
= 0.73
At 80% confidence interval estimate of the population mean
is,
- E < < + E
9.1 - 0.73 <
<9.1 + 0.73
8.4 <
< 9.8