In: Statistics and Probability
using T-Score (using Table)
Given the following observations in a simple random sample from a population that is approximately normally distributed , construct and interpret 95% and 99% confidence intervals for the mean.
Observation |
|
1 |
66 |
2 |
34 |
3 |
59 |
4 |
56 |
5 |
51 |
6 |
45 |
7 |
38 |
8 |
58 |
9 |
52 |
10 |
52 |
11 |
50 |
12 |
34 |
13 |
42 |
14 |
61 |
15 |
53 |
16 |
48 |
17 |
57 |
18 |
47 |
19 |
50 |
20 |
54 |
Solution:
95% Confidence interval for Population mean is given as below:
Confidence interval = Xbar ± t*S/sqrt(n)
From given data, we have
Xbar = 50.35
S = 8.573367575
n = 20
df = n – 1 = 19
Confidence level = 95%
Critical t value = 2.0930
(by using t-table)
Confidence interval = Xbar ± t*S/sqrt(n)
Confidence interval = 50.35 ± 2.0930*8.573367575/sqrt(20)
Confidence interval = 50.35 ± 4.0125
Lower limit = 50.35 - 4.0125 = 46.34
Upper limit = 50.35 + 4.0125 = 54.36
Confidence interval = (46.34, 54.36)
99% Confidence interval for Population mean is given as below:
Confidence interval = Xbar ± t*S/sqrt(n)
From given data, we have
Xbar = 50.35
S = 8.573367575
n = 20
df = n – 1 = 19
Confidence level = 99%
Critical t value = 2.8609
(by using t-table)
Confidence interval = Xbar ± t*S/sqrt(n)
Confidence interval = 50.35 ± 2.8609*8.573367575/sqrt(20)
Confidence interval = 50.35 ± 5.4846
Lower limit = 50.35 - 5.4846 = 44.87
Upper limit = 50.35 + 5.4846 = 55.83
Confidence interval = (44.87, 55.83)