In: Statistics and Probability
A random sample of 100 cable TV movies contained an average of 3.38 acts of physical violence per program. At the 99% level, what is your estimate of the population value? o X=3.38 o S=0.30 o N=100
Here we have : n = 100, = 3.38, s = 0.30 , confidence level = c= 0.99
Here we need to find, estimate of population value. Hence here we find confidence interval.
Here sample size is greater than 30. Hence here z confidence interval is used.
Hence 99% confidence interval is given by,
- E < < + E
( - E , + E )
Where,
c = 0.99,
Zc=
Hence the margin of error is given by,
= 0.08
Hence 99% confidence interval is given by,
( 3.38 - 0.08, 3.38 + 0.08 )
( 3.3 , 3.46 )
Interpretation : We are 99% confident that population mean lies between 3.3 and 3.46 .