In: Statistics and Probability
Assume that population mean is to be estimated from the sample described. Use the sample results to approximate the margin of error and 95% confidence interval.
Sample size,
nequals
100
;
sample mean,
x overbar
equals70.0cm; sample standard deviation,
sequals
5.0cm
Round to one decimal place
Solution :
Given that,
= 70 cm
s =5 cm
n = Degrees of freedom = df = n - 1 = 100- 1 = 99
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/
2= 0.05 / 2 = 0.025
t
/2,df = t0.025,99 =1.984 ( using student t
table)
Margin of error = E = t/2,df
* (s /
n)
= 1.984* ( 5/
100)
= 0.992
margin of error E=1 (ROUND)
The 95% confidence interval is,
- E <
<
+ E
70 - 1 <
< 70+ 1
69 <
< 71
( 69 , 71)