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