Randomly selected students participated in an experiment to test their ability to determine when one minute (or sixty seconds) has passed. Forty students yielded a sample mean of 61.5 seconds. Assuming that σ = 10.6 seconds, construct and interpret a 95% confidence interval estimate of the population mean of all students.
What is the 95% confidence interval for the population mean μ?
Based on the result, is it likely that the students' estimates have a mean that is reasonably close to sixty seconds?
Solution:
Here, we have to find the 95% confidence interval for the population mean.
Confidence interval = Xbar ± Z*σ/sqrt(n)
From given data, we have
Xbar = 61.5
σ = 10.6
n = 40
Confidence level = 95%
Critical Z value = 1.96
(by using z-table)
Confidence interval = Xbar ± Z*σ/sqrt(n)
Confidence interval = 61.5 ± 1.96*10.6/sqrt(40)
Confidence interval = 61.5 ± 1.96* 1.676007
Confidence interval = 61.5 ± 3.284974
Lower limit = 61.5 - 3.284974 = 58.21503
Upper limit = 61.5 + 3.284974 =64.78497
Confidence interval = (58.22, 64.78)
Based on the result, it is likely that the students’ estimates have a mean that is reasonably close to sixty seconds because above confidence interval includes the value 60.
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