In: Statistics and Probability
14. A researcher estimates the 95% Confidence Interval for a sample (n=100) with a mean of M=3. The population mean and standard deviation are known as 2.5±2 (µ±σ). What is the upper confidence limit for this interval? A) 0.392 B) 1.96 C) 2.608 D) 3.392 E) There is not enough information to answer this question.
Solution:
Given,
n = 100
M = 3
Note that, Population standard deviation()
is known..So we use z distribution.
Our aim is to construct 95% confidence interval.
/2
= 0.05
2 = 0.025 and 1-
/2 = 0.975
Search the probability 0.975 in the Z table and see corresponding z value
The margin of error is given by
E = 0.392
Now , confidence interval for mean()
is given by:
Upper confidence limit is 3.392
Answer : 3.392