In: Statistics and Probability
If n=10, ¯ x (x-bar)=41, and s=16, construct a confidence interval at a 80% confidence level. Assume the data came from a normally distributed population.
Solution :
Given that,
= 41
s =16
n =10
Degrees of freedom = df = n - 1 = 10 - 1 = 9
At 80% confidence level the t is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2= 0.20 / 2 = 0.10
t /2,df = t0.10,9 = 1.383 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 1.383* ( 16/ 10)
= 6.997
The 80% confidence interval estimate of the population mean is,
- E < < + E
41- 6.997 < <41 + 6.997
34.003 < < 47.997