With 90% confidence, for sample mean 319.50, sample standard deviation 11.50, and sample size 35, what is the upper confidence limit with 2 decimal places?
Sample mean =
Sample standard deviation = s = 11.50
n = sample size = 35
Confidence level = c = 0.90
alpha = 1 - c = 1 - 0.90
Upper limit
Where tc is t critical value for degrees of freedom = n- 1 = 35 - 1 = 34 and alpha = 0.1
tc from excel using command:
= T.INV.2T(0.1,34)
= 1.691 (Round to 3 decimal)
UL = 319.50 + 3.287058
UL = 322.79 (Round to 2 decimal)
Upper limit of confidence interval = 322.79
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