In: Statistics and Probability
Thirty-four items are randomly selected from a population of 260 items. The sample mean is 33, and the sample standard deviation 6. Develop a 95% confidence interval for the population mean. (Round the t-value to 3 decimal places. Round the final answers to 2 decimal places.)
The confidence interval is between and.
Solution :
Given that,
= 33
s =6
n = Degrees of freedom = df = n - 1 =34 - 1 = 35
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/
2= 0.05 / 2 = 0.025
t
/2,df = t0.025,35 = 2.030 ( using student t table)
Margin of error = E = t/2,df
* (s /
n)
= 2.030* (6 /
35)
= 2.06
The 95% confidence interval is,
- E <
<
+ E
33 - 2.06 <
<33 +2.06
30.94 <
< 35.06