Suppose x has a mound-shaped distribution. A random sample of size 16 has sample mean 10 and sample standard deviation 2.
(b) Find a 90% confidence interval for μ
(c) Interpretation Explain the meaning of the confidence interval you computed.
Solution :
Given that,
(a)
Point estimate = sample mean = = 10
sample standard deviation = s = 2
sample size = n = 16
Degrees of freedom = df = n - 1 = 15
t /2,df = 1.753
Margin of error = E = t/2,df * (s /n)
= 1.753 * (2 / 16)
Margin of error = E = 0.9
The 90% confidence interval estimate of the population mean is,
- E < < + E
10 - 0.9 < < 10 + 0.9
9.1 < < 10.9
(9.1 , 10.9)
(b)
The 90% confidence interval estimate of the population mean is, 9.1 to 10.9
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