In: Statistics and Probability
A random sample of 91 observations produced a mean x̄ = 25.6 and a standard deviation s = 2.6.
a. find a 95% confidence interval for μ.
b. find a 90% confidence interval for μ.
c. find a 99% confidence interval for μ.
Given:
n - random sample size = 91
a) 95% confidence interval for population mean()
The formula of confidence interval is
Here the population standard deviation is unknown, so t interval is applicable.
where t is the critical value using t distribution table for given confidence level.
c = Confidence level = 95% = 0.95
Degrees of freedom = n - 1 = 91 - 1 = 90
The critical value for degrees of freedom 90 and area in two tail with 0.05 using t table is 1.987
Plug all the values in the formula of confidence interval,
The 95% confidence interval for population mean is (25.058, 26.142)
b)
90% confidence interval for population mean()
The formula of confidence interval is
where t is the critical value using t distribution table for given confidence level.
c = Confidence level = 90% = 0.90
Degrees of freedom = n - 1 = 91 - 1 = 90
The critical value for degrees of freedom 90 and area in two tail with 0.10 using t table is 1.662
Plug all the values in the formula of confidence interval,
The 90% confidence interval for population mean is (25.147, 26.053)
c)
99% confidence interval for population mean()
The formula of confidence interval is
where t is the critical value using t distribution table for given confidence level.
c = Confidence level = 99% = 0.99
Degrees of freedom = n - 1 = 91 - 1 = 90
The critical value for degrees of freedom 90 and area in two tail with 0.01 using t table is 2.632
Plug all the values in the formula of confidence interval,
The 99% confidence interval for population mean is (24.883, 26.317)