In: Statistics and Probability
A sample of 337 subscribers to Wired magazine shows the mean time spent using the Internet is 14.4 hours per week, with a sample standard deviation of 5.8 hours.
Find the 80% confidence interval for the mean time Wired subscribers spend on the Internet. (Round the final answers to 2 decimal places.)
The confidence interval is between and .
Solution :
Given that,
= 14.4
s =5.8
n =337
Degrees of freedom = df = n - 1 = 337- 1 = 336
At 80% confidence level the t is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2= 0.20 / 2 = 0.10
t /2,df = t0.10,336 =1.284 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 1.284 * (5.8 / 337)
= 0.41
The 80% confidence interval is,
- E < < + E
14.4 -0.41 < <14.4 + 0.41
13.99 < < 14.81
( 13.99 , 14.81)