In: Statistics and Probability
A simple random sample of size nequals17 is drawn from a population that is normally distributed. The sample mean is found to be x overbar equals 54 and the sample standard deviation is found to be sequals16. Construct a 95% confidence interval about the population mean.
The lower bound is =.
The upper bound is =.
(Round to two decimal places as needed.)
Solution :
Given that,
= 54
s =16
n =17
Degrees of freedom = df = n - 1 = 17 - 1 = 16
a ) At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2= 0.05 / 2 = 0.025
t /2,df = t0.025,16 = 2.120 ( using student t table)
Margin of error = E = t/2,df * (s /n)
=2.120 * ( 16/ 17)
= 8.23
The 95% confidence interval is,
- E < < + E
54 - 8.23 < < 54+8.23
45.77< < 62.23
The lower bound is =.45.77
The upper bound is =62.23