Question

In: Statistics and Probability

In 2012 the General Social Survey asked 840 adults how many years of education they had....

In 2012 the General Social Survey asked 840 adults how many years of education they had. The sample mean was 8.11 years with a standard deviation of 8.91 years.

An 80% interval for the mean number of years of education. Round the answers to two decimal places.

An 80% confidence interval for the mean number of years of education is _< μ <_.

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Expert Solution

Solution :

Given that,

Point estimate = sample mean = = 8.11

sample standard deviation = s = 8.91

sample size = n = 840

Degrees of freedom = df = n - 1 = 840 - 1 = 839

At 80% confidence level

= 1 - 80%

=1 - 0.80 =0.20

/2 = 0.10

t/2,df = t0.10, 839 = 1.283

Margin of error = E = t/2,df * (s /n)

= 1.283 * ( 8.91 / 840)

Margin of error = E = 0.39

The 80% confidence interval estimate of the population mean is,

- E + E

8.11 - 0.39 8.11 + 0.39

( 7.72 8.50 )


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