Solution :
Given that,
Point estimate = sample mean =
= 400
sample standard deviation = s = 28
sample size = n = 79
Degrees of freedom = df = n - 1 = 78
At 90% confidence level the t is ,
t
/2,df = t0.05,78 = 1.665
Margin of error = E = t/2,df
* (s /
n)
= 1.665 * (28 /
79)
= 5.245
The 95% confidence interval estimate of the population mean is,
- E <
<
+ E
400 - 5.245 <
< 400 + 5.245
394.755 <
< 405.245
(394.755 , 405.245)
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