In: Math
The sample mean is 19.0, the sample standard deviation is 6.6,
and n = 41. Establish a 90% confidence interval for the population
mean. (by default two tailed test, α is reliability
factor)
Solution :
Given that,
Point estimate = sample mean =
= 19.0
Population standard deviation =
= 6.6
Sample size = n =41
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
Margin of error = E = Z/2
* (
/n)
= 1.645 * ( 6.6 /
41)
= 1.6956
At 90% confidence interval estimate of the population mean
is,
- E < < + E
19.0 - 1.6956 <
< 19.0 + 1.6956
17.3044 <
< 20.6956
( 17.3044 , 20.6956)