In: Statistics and Probability
Question 1:
A random sample of n = 16 mid-sized cars tested for fuel consumption gave a mean of x ¯ = 22.81 miles per gallon with a standard deviation of s = 2.08 miles per gallon.
Assuming that the miles per gallon given by all mid-sized cars
have a normal distribution, find a 99 % confidence interval for the
population mean, μ .
Round your answers to two decimal places.
Solution :
Given that,
n = 16
= 22.81
s = 2.08
Note that, Population standard deviation() is unknown..So we use t distribution.
Our aim is to construct 99% confidence interval.
c = 0.99
= 1 - c = 1 - 0.99 = 0.01
/2 = 0.01 2 = 0.005
Also, d.f = n - 1 = 16 - 1 = 15
= = 0.005,15 = 2.947
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n )
= 2.947* ( 2.08/ 16 )
= 1.532
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
( 22.81 - 1.532 ) < < ( 22.81 + 1.532 )
21.28 < < 24.34
Required. 99% confidence interval is ( 21.28 , 24.34 )