In: Statistics and Probability
In a random sample of 22 people, the mean commute time to work was 34.5 minutes and the standard deviation was 7.2 minutes. Assume the population is normally distributed and use a t-distribution to construct a 90% confidence interval for the population mean mu. What is the margin of error of mu? Interpret the results
Given that,
= 34.5
s =7.2
n = 22
Degrees of freedom = df = n - 1 = 22 - 1 = 21
At 90% confidence level the t is ,
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
t /2,df = t0.05,21 = 1.721 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 1.721* ( 7.2/ 22) = 2.6418
The 90% confidence interval estimate of the population mean is,
- E < < + E
34.5 - 2.6418 < < 34.5+ 2.6418
31.8582 < < 37.1418
(31.8582 , 37.1418 )
Margin of error = E = 2.6418