In a random sample of five people, the mean driving distance to work was 24.9 miles and the standard deviation was 4.3 miles. Assuming the population is normally distributed and using the t-distribution, a 99%confidence interval for the population mean mu is left parenthesis 16.0 comma 33.8 right parenthesis (and the margin of error is 8.9). Through research, it has been found that the population standard deviation of driving distances to work is 3.3 Using the standard normal distribution with the appropriate calculations for a standard deviation that is known, find the margin of error and construct a 99%confidence interval for the population mean mu. Interpret and compare the results.
Identify the margin of error =?
Construct a 99% confidence interval for population mean. (?, ?)
margin of error E = Z * / sqrt(n)
= 2.576 * 3.3 / sqrt(5)
= 3.80
99% Confidence interval for is
- E < < + E
24.9 - 3.80 < < 24.9 + 3.80
21.1 < < 28.7
99% CI is ( 21.1 , 28.7 )
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