In: Statistics and Probability
A 98% confidence interval for the average height of the adult
American male if a sample of 286 such males have an average height
of 59.3 inches with a population deviation of 4.3 inches
round to the nearest hundredth of an inch
Solution :
Given that,
Point estimate = sample mean =
= 59.3
Population standard deviation =
= 4.3
Sample size = n =286
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
Z/2 = Z0.01 = 2.326 ( Using z table )
Margin of error = E = Z/2
* (
/n)
= 2.326 * ( 4.3/ 286
)
E= 0.59
At 98% confidence interval estimate of the population mean
is,
- E <
<
+ E
59.3 - 0.59 <
< 59.3+ 0.59
58.71 <
< 59.89
( 58.71 , 59.89 )