In: Statistics and Probability
hw18#4
A random sample of 80 observations produced a mean of x¯=21.1 from a population with a normal distribution and a standard deviation σ=4.54.
(a) Find a 90% confidence interval for ?μ
_____ ≤ ? ≤ ______
(b) Find a 99% confidence interval for ?μ
____ ≤ ? ≤ ______
Solution :
Given that,
Point estimate = sample mean =
= 21.1
Population standard deviation =
= 4.54
Sample size = n = 80
(a) At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
Margin of error = E = Z/2
* (
/n)
= 1.645 * ( 4.54 / 80
)
= 0.83
At 90% confidence interval estimate of the population mean is,
- E < < + E
21.1 - 0.83 < < 21.2 + 0.83
20.27 < < 21.93
( 20.27 , 21.93 )
The 90% confidence interval for is : 20.27 < < 21.93
(b) At 99% confidence level
= 1 - 99%
= 1 - 0.99 = 0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
Margin of error = E = Z/2
* (
/n)
= 2.576 * ( 4.54 / 80
)
= 1.31
At 99% confidence interval estimate of the population mean is,
- E < < + E
21.1 - 1.31 < < 21.2 + 1.31
19.79 < < 22.41
( 19.79 , 22.41 )
The 99% confidence interval for is : 19.79 < < 22.41