In: Statistics and Probability
A simple random sample of 25 items from a normally distributed population resulted in a sample mean of 80 and a sample standard deviation of s=7.5. Construct a 95% confidence interval for the population mean.
Solution:
Given that,
n = 25
= 80
s = 7.5
Note that, Population standard deviation() is unknown. So we use t distribution.
Our aim is to construct 95% confidence interval.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.05 2 = 0.025
Also, d.f = n - 1 = 25 - 1 = 24
= = 0.025,24 = 2.064
( use t table or t calculator to find this value..)
The margin of error is given by
E = /2,d.f. * ( / n )
= 2.064 * (7.5 / 25)
= 3.096
Now , confidence interval for mean() is given by:
( - E ) < < ( + E)
(80 - 3.096) < < (80 + 3.096)
76.904 < < 83.096
i.e.
(76.904 , 83.096)