In: Statistics and Probability
A random sample of workers have been surveyed and data collected on how long it takes them to travel to work. The data are in this file.
x |
46.13229 |
43.06446 |
42.52708 |
42.12789 |
44.92402 |
34.43817 |
41.85524 |
44.2512 |
50.86619 |
34.34349 |
50.98036 |
The following table will be used to make the computations here:
X | (X - Mean(X)) | (X - Mean(X))^2 |
46.13229 | 2.904072727 | 8.433638405 |
43.06446 | -0.163757273 | 0.026816444 |
42.52708 | -0.701137273 | 0.491593475 |
42.12789 | -1.100327273 | 1.210720107 |
44.92402 | 1.695802727 | 2.87574689 |
34.43817 | -8.790047273 | 77.26493106 |
41.85524 | -1.372977273 | 1.885066591 |
44.2512 | 1.022982727 | 1.04649366 |
50.86619 | 7.637972727 | 58.33862738 |
34.34349 | -8.884727273 | 78.93837871 |
50.98036 | 7.752142727 | 60.09571686 |
475.5104 | 290.6077296 |
The sample mean here is computed as:
For n - 1 = 10 degrees of freedom, we get from the t distribution tables here:
P( t10 < 3.169) = 0.995
Therefore, due to symmetry, we get here:
P( -3.169 < t10 < 3.169) = 0.99
Therefore the confidence interval here is obtained as:
This is the required 99% confidence interval for the population mean.
The interpretation of the confidence interval here is that there is a 99% probability that the true population mean lies in the given interval.