In: Statistics and Probability
Use the t-distribution to find a confidence interval
for a mean μ given the relevant sample results. Give the best point
estimate for μ, the margin of error, and the confidence interval.
Assume the results come from a random sample from a population that
is approximately normally distributed.
A 99% confidence interval for μ using the sample results x¯=82.7,
s=32.9, and n=15
Round your answer for the point estimate to one decimal place, and
your answers for the margin of error and the confidence interval to
two decimal places.
Point estimate=
Margin of error=
The 99% confidence interval is _____ to ______.
Given that,
=82.7
s =32.9
n = 15
Degrees of freedom = df = n - 1 =15 - 1 = 14
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, 14= 2.977 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.977* (32.9 / 15) = 25.29
The 99% confidence interval estimate of the population mean is,
- E < < + E
82.7- 25.29< < 82.7+ 25.29
57.41 < < 107.99
( 57.41 , 107.99)