In: Statistics and Probability
Find the indicated confidence interval. Assume the standard
error comes from a bootstrap distribution that is approximately
normally distributed.
A 90% confidence interval for a mean μ if the sample has n=100 with
x¯=22.1 and s=5.6, and the standard error is SE=0.56.
Round your answers to three decimal places.
The 90% confidence interval is Enter your answer; The 90%
confidence interval, value 1 to Enter your answer; The 90%
confidence interval, value 2 .
Solution :
Given that,
= 22.1
s = 5.6
n = 100
Degrees of freedom = df = n - 1 = 100 - 1 = 99
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
t /2,df = t0.05,99 = 1.660
The standard error = SE = (s /n)
= (5.6/ 100 )
= 0.56
The standard error = 0.56
Margin of error = E = t/2,df * (s /n)
= 1.660 * (5.6/ 100 )
= 0.930
Margin of error = 0.930
The 90% confidence interval estimate of the population mean is,
- E < < + E
22.1 - 0.930 < < 22.1+ 0.930
21.170 < < 23.03
(21.170, 23.03 )