In: Statistics and Probability
Cantu Excavating is a well-established company with thousands of employees and they want to estimate the average age of their workers. A sample of 94 employees was taken. Assuming the population has a standard deviation of 6.2, we want to find a 90% confidence interval for the population mean.
If the mean of the sample is 26.3, what is the confidence
interval estimate?
For full marks, your answer should be accurate to at least two
decimal places.
Confidence Interval: (0 , 0)
We have given that,
Sample mean =26.3
Population standard deviation=6.2
Sample size=94
Level of significance =1-0.90=0.1
Z critical value (by using Z table)=1.645
Confidence interval formula is
=(25.25,27.35)