Question

In: Statistics and Probability

Forty items are randomly selected from a population of 450 items. The sample mean is 29,...

Forty items are randomly selected from a population of 450 items. The sample mean is 29, and the sample standard deviation 2. Develop a 95% confidence interval for the population mean. (Round the final answers to 2 decimal places.)            

    

The confidence interval is between       and     .

Solutions

Expert Solution

Solution :

Given that,

= 29

s =2

n = 450

Degrees of freedom = df = n - 1 =450 - 1 = 449

a ) At 95% confidence level the t is ,

= 1 - 95% = 1 - 0.95 = 0.05

  / 2= 0.05 / 2 = 0.025

t /2,df = t0.025,449 = 1.965 ( using student t table)

Margin of error = E = t/2,df * (s /n)

=1.965 * ( 2/ 450)

= 0.19

The 95% confidence interval estimate of the population mean is,

- E < < + E

29 -0.19 < <29 + 0.19

28.81 < < 29.19

(28.81 ,29.19 )


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