In: Statistics and Probability
The winning team's scores in 11 highschool basketball games were recorded. If the sample mean is 10.5 points and the sample standard deviation is 0.25 points, find the 98% confidence interval of the true mean.
Solution :
Given that,
= 10.5
s =0.25
n =11
Degrees of freedom = df = n - 1 = 11- 1 = 10
At 98% confidence level the t is
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
t /2,df = t0.01,10 = 2.764 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.764 * ( 0.25/ 11)
E = 0.2083
The 98% confidence interval estimate of the population mean is,
- E < < + E
10.5 - 0.2083< <10.5 + 0.2083
10.2917 < < 10.7083
( 10.2917 , 10.7083 )