Identify distribution and find a (1-α) 100% confidence interval for a population mean μ for these values:
α = .10, n = 65, x̄=1049, s^2 = 51
We are ___ % confident that the mean is between ___ and ___.
Please show your work, thank.
Answer)
As here population standard deviation is unknown, and we are given with sample variance
Therefore we will use t distribution
In case we are given with population standard deviation that is sigma, we use z table
But here we will use t distribution
Given alpha = 0.10
Confidence level = (1-alpha)*100
= (1-0.1)*100 = 90%
From t table, for degrees of freedom n-1, 65-1 = 64 and 90% confidence level
t = 1.669013
margin of error = t*(s.d/√n)
= 1.669013*(√51/√65)
As standard deviation = square root of variance
= 1.47838698016
Confidence interval is given by
Lower bound = mean - moe = 1049-1.47838 = 1047.52161301
Upper bound = mean + moe = 1049-1.47838 = 1050.47838698
(1047.52, 1050.48)
We are 90% confident that true population mean lies in between 1047.52 and 1050.48
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