In: Statistics and Probability
Sales personnel for Skillings Distributors submit weekly reports listing the customer contacts made during the week. A sample of 85 weekly reports showed a sample mean of 19.5 customer contacts per week. The sample standard deviation was 5.7. Provide 90% and 95% confidence intervals for the population mean number of weekly customer contacts for the sales personnel. 90% Confidence interval, to 2 decimals:
n = 85
Here population standard deviation is not given. So we will use here t interval.
90% confidence interval for population mean number of weekly customer contacts for the sales personnel:
Confidence level = c = 0.1
Where tc is t critical for alpha = 1 - c= 1 - 0.90 = 0.1 and degrees of freedom = n - 1 = 85 - 1 = 84 can be calculated from excel using command:
=TINV(0.1,84)
= 1.663 (Round to 3 decimal)
tc = 1.663
(Round to 2 decimal)
90% confidence interval for population mean number of weekly customer contacts for the sales personnel is (18.47, 20.53)
95% confidence interval for population mean number of weekly customer contacts for the sales personnel:
Confidence level = c = 0.95
Where tc is t critical for alpha = 1 - c= 1 - 0.95 = 0.05 and degrees of freedom = n - 1 = 85 - 1 = 84 can be calculated from excel using command:
=TINV(0.05,84)
= 1.989 (Round to 3 decimal)
tc = 1.989
(Round to 2 decimal)
95% confidence interval for population mean number of weekly customer contacts for the sales personnel is (18.27, 20.73)