In: Statistics and Probability
Find the necessary confidence interval for a population mean μ
for the following values. (Round your answers to three decimal
places.)
a 90% confidence interval,
n = 120, x = 0.88, s2 = 0.088
______ to ______
Solution :
Given that,
Point estimate = sample mean = = 0.88
sample standard deviation = s = s2 = 0.088 = 0.297
sample size = n = 120
Degrees of freedom = df = n - 1 = 120 - = 119
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2 = 0.05
t/2,df = 1.658
Margin of error = E = t/2,df * (s /n)
= 1.658 * (0.297 / 120)
Margin of error = E = 0.045
The 90% confidence interval estimate of the population mean is,
± E
0.88 ± 0.045
0.835 to 0.925