In: Statistics and Probability
The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken from anesthetized bears. A sample of 54 bears has a mean weight of 182.9 lb. Assuming that the population standard deviation is known to be 121.8lb, construct and interpret a 99% confidence interval estimate of the mean of the population of all such bear weights. Round the limits to 1 decimal place. State the type of interval: Z or T interval
Solution :
Given that,
Point estimate = sample mean =
= 182.9
Population standard deviation =
= 121.8
Sample size = n =54
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2* ( /n)
= 2.576 * (121.8 / 54)
= 42.7
At 99% confidence interval estimate of the population mean is,
- E < < + E
182.9 - 42.7< < 182.9 + 42.7
140.2< < 225.6
(140.2 , 225.6 )