In: Statistics and Probability
The following random sample was selected from a normal distribution 3.5, 5.4, 1.3, 1.8, 4.3 then the 95% confidence interval to estimate the population of the mean.
I am having a tough time calculating I feel I just need an idea how to calculate this type of scenario homework properly.
Solution:
We are given a data of sample size n = 5
3.5, 5.4, 1.3, 1.8, 4.3
Using this, first we find sample mean() and sample standard deviation(s).
=
= (3.5 + 5.4.+ 1.3 + 1.8 + 4.3)/5
= 3.26
Now ,
s=
Using given data, find Xi - for each term.Take square for each.Then we can easily find s.
s= 1.70967833
( We can directly find s using calculators)
Note that, Population standard deviation() is unknown..So we use t distribution.
Our aim is to construct 95% confidence interval.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025
Also, n = 5
d.f = n-1 = 4
= = = 2.776
( use t table or t calculator to find this value..)
Now , confidence interval for mean() is given by:
3.26 - 2.776*(1.70967833/ 5) 3.26 + 2.776*(1.70967833/ 5)
3.26 − 2.123 < < 3.26 + 2.123
1.137 < < 5.383
Answer : The required 95% interval is (1.137 , 5.383)