In: Statistics and Probability
In a sample of 82 hip surgeries of a certain type, the average surgery time (x) was 126.5 minutes with a sample standard deviation (s) of 21.6 minutes. Follow the steps below to construct a 99 % confidence interval for the mean surgery time (μ) for this procedure. Assume all assumptions have been satisfied. What would the point estimate and critical value be?
Solution :
Given that,
n = 82
  
= 126.5
s = 21.6
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 = 81
  
  =  
  =  
0.005,81
= 2.638
( use t table or t calculator to find this value..)
The margin of error is given by
E =  /2,d.f.
* (
/ 
n )
= 2.638* (21.6 / 
82 )
= 6.292
Now , confidence interval for mean()
is given by:
(
- E ) <  
<  (
+ E)
( 126.5 - 6.292 )   <  
<  ( 126.5 + 6.292)
120.208 <  
< 132.792
Required.99% confidence interval is ( 120.208 , 132.792 )
The point estimate 
 = 126.5
The critical value = 2.638