In: Statistics and Probability
A sample of 25 items yields X = 60 grams and s = 5 grams. Assuming a normal parent distribution, construct a 99 percent confidence interval for the population mean weight.
Solution :
Given that,
Point estimate = sample mean = = 60
sample standard deviation = s = 5
sample size = n = 25
Degrees of freedom = df = n - 1 = 25 - 1 = 24
At 99% confidence level
= 1 - 99%
=1 - 0.99 =0.01
/2
= 0.005
t/2,df
= 2.797
Margin of error = E = t/2,df * (s /n)
= 2.797* ( 5 / 25)
Margin of error = E = 2.797
The 99% confidence interval estimate of the population mean is,
- E < < + E
60 - 2.797 < < 60 + 2.797
57.203 < < 62.797
( 57.203 , 62.797 )