c=0.95,x=14.3,s=4.0,n=5
it is given that
c=0.95 confidence level, so significance level =1 - c = 1-0.95 = 0.05
x=14.3 sample mean
s=4.0 sample standard deviation
n=5 sample size
degree of freedom = n-1 = 5- 1 = 4
using excel function T.INV.2T(probability, df)
setting probability = 0.05 and df= 4
we get, t critical = 2.776
Confidence interval is
setting the values, we get
So, required 95% confidence interval is (9.33,19.27)(rounded to 2 decimals) or (9.3,19.3)(rounded to 1 decimals)
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