In: Statistics and Probability
If n=30, ¯ x (x-bar)=43, and s=15, construct a confidence interval at a 95% confidence level. Assume the data came from a normally distributed population. Give your answers to one decimal place.
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Solution :
Given that,
= 43
s =15
n =30
Degrees of freedom = df = n - 1 = 30- 1 =29
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2= 0.05 / 2 = 0.025
t /2,df = t0.025,29 =2.045 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.045* (15 / 30)
= 5.60
The 95% confidence interval estimate of the population mean is,
- E < < + E
43 - 5.60 < <43 + 5.60
37.40 < < 48.60
( 37.40 , 48.60 )