Question

In: Statistics and Probability

A simple random sample of size n is drawn. The sample​ mean is found to be...

A simple random sample of size n is drawn. The sample​ mean is found to be 17.6​, and the sample standard​ deviation, s, is found to be 4.7.

Construct a 99​% confidence interval about if the sample​ size, n, is 34.

Solutions

Expert Solution

The formula to calculate the population confidence interval is :

We are asked to construct a 99% confidence interval for population mean .

: sample mean

: sample standard deviation

: sample size

For 99% confidence interval:  

Critical value:

                                          

                                          

                                           

                                           

So, the 99% confidence interval for the population mean is calculated as Or

                                            


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