In: Statistics and Probability
In a sample of 100 steel canisters, the mean wall thickness was 8.1 mm with a standard deviation of 0.5 mm.
Find a 95% lower confidence bound for the mean wall thickness. (Round the final answer to three decimal places.)
The 95% lower confidence bound is
Solution :
Given that,
t ,df = 1.660
Margin of error = E = t,df * (s /n)
= 1.660 * (0.5 / 100)
Margin of error = E = 0.083
The 95% lower confidence interval estimate of the population mean is,
- E
8.1 - 0.083
8.017
The 95% lower confidence bound is 8.017