Need a second opinion on this Stats problem. Thanks
How much time do Americans spend eating or drinking? Suppose for a random sample of 1001 Americans age 15 or older, the mean amount of time spent eating or drinking per day is 1.22 hours, with a standard deviation of .65 hour. Determine and interpret a 95% confidence interval for the mean amount of time Americans age 15 or older spend eating or drinking each day.
Solution :
Given that,
Point estimate = sample mean = = 1.22
sample standard deviation = s = 0.65
sample size = n = 1001
Degrees of freedom = df = n - 1 = 1000
At 95% confidence level the t is ,
t /2,df = t0.025,1000 = 1.962
Margin of error = E = t/2,df * (s /n)
= 1.962 * (0.65 / 1001)
= 0.040
The 95% confidence interval estimate of the population mean is,
- E < < + E
1.22 - 0.040 < < 1.22 - 0.040
1.18 < < 1.26
(1.18 , 1.26)
Get Answers For Free
Most questions answered within 1 hours.