In: Statistics and Probability
If Upper X overbar = 90, σ = 9, and n = 68, construct a 95% confidence interval estimate of the population mean, μ.
______ ≤ μ ≤ _____
(Round to two decimal places as needed.)
Solution :
Given that,
Point estimate = sample mean =
= 90
Population standard deviation =
= 9
Sample size = n =68
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
Margin of error = E = Z/2
* (
/n)
= 1.96 * (9 / 68
)
= 2.1392
At 95% confidence interval estimate of the population mean
is,
- E <
<
+ E
90 - 2.1392 <
< 90 + 2.1392
87.86 <
< 92.14