In: Statistics and Probability
n = 30, = 84.6, s = 10.5, 90% confidence
Solution :
Given that,
Point estimate = sample mean =
= 84.6
sample standard deviation = s = 10.5
sample size = n = 30
Degrees of freedom = df = n - 1 = 30 -1 =29
At 90% confidence level
= 1-0.90% =1-0.9 =0.10
/2
=0.10/ 2= 0.05
t/2,df
= t0.05,29= 1.70
t
/2,df = 1.70
Margin of error = E = t/2,df
* (s /
n)
= 1.70 * (10.5 /
30)
Margin of error = E =3.257
The 90% confidence interval estimate of the population mean is,
- E <
<
+
E
84.6 -3.257 <
< 84.6 +3.257
81.343<
< 87.857
(81.343 ,87.857)