In: Statistics and Probability
A sample of 18 observations taken from a normally distributed population produced the following data:
28.5 | 27.5 | 25.3 | 25.3 | 31.3 | 23.3 | 26.2 | 24.5 | 28.3 |
37.4 | 23.9 | 28.8 | 27.5 | 25.5 | 27.1 | 25.5 | 22.7 | 22.7 |
Round your answers to three decimal places.
a. What is the point estimate of μ?
x¯=
b. Make a 90% confidence interval for μ.
c. What is the margin of error of estimate for μ
in part b?
E=
Solution :
We are given a data of sample size n = 18
28.5,27.5,25.3,25.3,31.3,23.3,26.2,24.5,28.3,37.4,23.9,28.8,27.5,25.5,27.1,25.5,22.7,22.7
Using this, first we find sample mean() and sample standard deviation(s).
=
= (28.5 + 27.5.......+ 22.7)/18
= 26.739
Now ,
s=
Using given data, find Xi - for each term.Take square for each.Then we can easily find s.
s = 3.519
Note that, Population standard deviation() is unknown..So we use t distribution.
Our aim is to construct 90% confidence interval.
c = 0.90
= 1- c = 1- 0.90 = 0.10
/2 = 0.10 2 = 0.05
Also, d.f = n - 1 = 17
= = 0.05,17 = 1.74
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n)
= 1.74* ( 3.519/ 18 )
E = 1.443
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
( 26.739 - 1.443 ) < < ( 26.739 + 1.443)
25.296 < < 28.182
Required 90% Confidence interval is ( 25.296 , 28.182 )
The point estimate of μ = 26.739
The margin of error E = 1.443