In: Statistics and Probability
A hospital conducted a survey to estimate the mean length of stay at the hospital. a simple random sample of 100 patients resulted in a sample mean of 4.5 days. the population standard deviation is 4 days.
a) Calculate a 90% confidence interval.
b)Interpret the results of your confidence interval.
Solution :
Given that,
Point estimate = sample mean = = 4.5
Population standard deviation =
= 4
Sample size = n =100
At 90% confidence level the z is
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
Z/2 = Z0.05 = 1.645 ( Using z table )
Margin of error = E = Z/2
* (
/n)
= 1.645 * (4 / 100
)
= 0.6580
At 90% confidence interval estimate of the population mean
is,
- E <
<
+ E
4.5 -0.6580 <
< 4.5 + 0.6580
3.8420 <
< 5.1580
( 3.8420 , 5.1580 )
At 90% confidence interval estimate of the population mean
is,( 3.8420 , 5.1580 )