Suppose we know that a confidence interval for a population mean is (53,67), with a margin of error of 7.
What is the sample mean, x¯?
The confidence interval for population mean is (53, 67)
Margin of error is 7
Here lower bound = 53 and
Upper bound = 67
Formula : confidence interval = mean margin of error
Therefore lower bound = mean - margin of error
Therefore 53 = - 7
Therefore 53+7 =
Therefore = 60
Or
Upper bound = mean + margin of error
Therefore 67 = + 7
Therefore 67 - 7 =
Therefore = 60
Therefore the sample mean is 60.
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