In: Statistics and Probability
If n=25, x¯(x-bar)=50, and s=7, construct a confidence interval
at a 99% confidence level. Assume the data came from a normally
distributed population.
Give your answers to one decimal place.
< μ <
solution
= 50
s =7
n = 25
Degrees of freedom = df = n - 1 =25 - 1 = 24
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2 df = t0.005,24 =2.797 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.797 * (7 / 25) = 3.9
The 99% confidence interval estimate of the population mean is,
- E < < + E
50 - 3.9< <50 + 3.9
46.1 < < 53.9