In: Statistics and Probability
A simple random sample of size n =20 is drawn from a population that is normally distributed. The sample mean is found to be x = 61 and the sample standard deviation is found to be s =12 Construct a 95% confidence interval about the population mean.
Solution :
Given that,
Point estimate = sample mean = = 61
sample standard deviation = s = 12
sample size = n = 20
Degrees of freedom = df = n - 1 = 20 - 1 = 19
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
t/2,df
= t0.025,19 = 2.093
Margin of error = E = t/2,df * (s /n)
= 2.093 * ( 12 / 20 )
Margin of error = E = 5.62
The 95% confidence interval estimate of the population mean is,
- E < < + E
61 - 5.62 < < 61 + 5.62
55.38 < < 66.62
( 55.38, 66.62 )
The 95% confidence interval estimate of the population mean is ( 55.38, 66.62 )