In: Statistics and Probability
Q: An agronomist wanted to estimate the mean weight of a certain fruit (?) in his farm. He selected a random sample of size ? = 16, and found that the sample mean ?̅ = 55 gm and a sample stranded deviation ? = 3 gm. It is assumed that the population is normal with unknown standard deviation (?).
a) Find a point estimate for (?).
b) Find a 95% confidence interval for the population mean (?).
Solution :
Given that,
a. Point estimate = sample mean = = 55
sample standard deviation = s = 3
sample size = n = 16
Degrees of freedom = df = n - 1 = 16 - 1 = 15
b. At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2
= 0.025
t/2,df
= 2.131
Margin of error = E = t/2,df * (s /n)
= 2.131 * ( 3 / 16 )
Margin of error = E = 1.60
The 99% confidence interval estimate of the population mean is,
- E < < + E
55 - 1.60 < < 55 + 1.60
53.4 < < 56.6