In: Statistics and Probability
Exhibit C:
s = 30 , n = 36 , x ¯ = 132.
Refer to Exhibit C: What is the 90% confidence interval for the population mean, μ?
Group of answer choices
Solution :
Given that,
Point estimate = sample mean =
= 132
sample standard deviation = s = 30
sample size = n = 36
Degrees of freedom = df = n - 1 = 36 - 1 = 35
At 90% confidence level the t is ,
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
t
/2,df = t0.05,35 = 1.690
Margin of error = E = t/2,df
* (s /
n)
= 1.690 * ( 30/
36)
Margin of error = E = 8
The 90% confidence interval estimate of the population mean is,
- E <
<
+ E
132 - 8 <
< 132 + 8
124 <
< 140
(124,140) The 90% confidence interval for the population
mean
= 124 , 140