In: Statistics and Probability
A researcher wanted to give a 60% confidence interval for the mean time it takes worker to perform a routine task. The researcher had a random sample of 100 worker perform the task. The sample mean time to perform the task was 21 minutes with a sample standard deviation of 2 minutes. Give the 60% confidence interval for the population mean time to perform the task. Round your answer to two decimal places.
Solution :
Given that,
Point estimate = sample mean = = 21
sample standard deviation = s = 2
sample size = n = 100
Degrees of freedom = df = n -1= 100-1=99
At 60% confidence level the t is ,
= 1 - 60% = 1 - 0.6 = 0.4
/ 2 = 0.4/ 2 = 0.2
t /2,df = t0.2,99 = 0.845
Margin of error = E = t/2,df * (s /n)
= 0.845 * (2 / 100)
Margin of error = E = 0.17
The 60% confidence interval estimate of the population mean is,
- E < < + E
21 - 0.17 < < 21 + 0.17
20.83 < < 21.17
(20.83,21.17)