In: Statistics and Probability
A machine produces metal rods used in automobile suspension system. A random sample of 16 rods is selected, and the diameter measured. The resulting data in millimeters are shown here: 8.23 8.58 8.42 8.18 8.86 8.25 8.69 8.27 8.19 8.96 8.33 8.34 8.78 8.32 8.68 8.41 Calculate a 90% confidence interval on the diameter mean. With 90% confidence, what is the right-value of the confidence interval on the diameter mean?
The sample is
8.23 8.58 8.42 8.18 8.86 8.25 8.69 8.27 8.19 8.96 8.33 8.34 8.78 8.32 8.68 8.41
The mean is calculated as
Mean: 8.468
The sample standard deviation is calculated as
Sample standard deviation, S : | 0.2538 |
Since the sample size is 16<30 hence we use t statistic here for the confidence interval calculation
The formula for estimation is:
μ = ± t(sM)
where:
= sample
mean
t = t statistic determined by confidence level
s =
standard error = √(s2/n)
Calculation
=
8.468
t = 1.75
s =
√(0.25382/16) = 0.06
μ = ±
t(s)
μ = 8.468 ± 1.75*0.06
μ = 8.468 ± 0.11123
90% CI [8.35677, 8.57923].
Now, the right-value of the confidence interval on the diameter mean is 8.57923 millimeter