In: Statistics and Probability
Construct the confidence interval for the population mean mu. cequals0.90, x overbar equals 6.8, sigmaequals0.2, and nequals59
Solution :
Given that,
Point estimate = sample mean = = 6.8
Population standard deviation = = 0.2
Sample size = n = 59
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Margin of error = E = Z/2* ( /n)
= 1.645 * (0.2 / 59 )
= 0.043
At 90% confidence interval estimate of the population mean is,
- E < < + E
6.8 - 0.043 < < 6.8 + 0.043
6. 76 < < 6.84
(6.76 , 6.84)