Question

In: Statistics and Probability

Assuming the sample size is 30, the sample mean (X ̅) is 24.75, the sample standard...

Assuming the sample size is 30, the sample mean (X ̅) is 24.75, the sample standard deviation (s) is 5, and degrees of freedom are 29, a 95% confidence interval for the population mean would have lower bound of _________________ and upper bound of _______________________

Solutions

Expert Solution

Solution :

Given that,

= 24.75

s =5

n =30

Degrees of freedom = df = n - 1 =30 - 1 = 29

At 95% confidence level the t is ,

= 1 - 95% = 1 - 0.95 = 0.05

  / 2= 0.05 / 2 = 0.025

t /2,df = t0.025,29 = 2.045 ( using student t table)

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

= 2.045* ( 5/ 30)

= 1.87

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

- E < < + E

24.75 - 1.87 < < 24.75 +1.87

22.88 < < 26.62

lower bound of ________22.88_________ and upper bound of ___________26.62____________


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