In: Statistics and Probability
A 99% Confidence interval for mu using the sample results
x bar = 90.9 s = 34.3 n =15
Point Estimate = ______
Margin of Error = _____
99% CI is ____ to ____
Given that,
= 90.9
s =34.3
n = 15
Degrees of freedom = df = n - 1 = 15- 1 = 14
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t
/2 df = t0.005,14 = 2.977 ( using
student t table)
Margin of error = E = t/2,df
* (s /
n)
= 2.977* ( 34.3/
15) = 26.3650
The 99% confidence interval estimate of the population mean is,
- E <
<
+ E
90.9- 26.3650 <
<90.9 + 26.3650
64.5350<
< 117.2650
64.5350, 117.2650
Point Estimate = __90.9____
Margin of Error = _26.3650____
99% CI is ____= 64.5350, 117.2650__