In: Statistics and Probability
Randomly selected students participated in an experiment to test their ability to determine when one minute (or sixty seconds) has passed. Forty students yielded a sample mean of 57.5 seconds. Assuming that sigmaequals9.2 seconds, construct and interpret a 95% confidence interval estimate of the population mean of all students. hat is the 95% confidence interval for the population mean mu? Based on the result, is it likely that the students' estimates have a mean that is reasonably close to sixty seconds? A. Yes, because the confidence interval does not include sixty seconds. B. Yes, because the confidence interval includes sixty seconds. C. No, because the confidence interval includes sixty seconds. D. No, because the confidence interval does not include sixty seconds.
Solution :
Given that,
Point estimate = sample mean =
= 57.5
Population standard deviation =
= 9.2
Sample size = n =40
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z/2
* (
/n)
= 1.96 * (9.2 / 40
)
E= 2.8511
At 95% confidence interval estimate of the population mean
is,
- E <
<
+ E
57.5 - 2.8511 <
<57.5 + 2.8511
54.6489 <
< 60.3511
( 54.6489 , 60.3511 )
B. Yes, because the confidence interval includes sixty seconds.