Construct a 90% confidence interval for the population mean μ.
n=12
mean = 4263.1
s/d = 260
Given that, sample size (n) = 12
sample mean = 4263.1 and
sample standard deviation (s) = 260
Degrees of freedom = 12 - 1 = 11
t-critical value at significance level of 0.10 with 11 degrees of freedom is,
Excel Command : =TINV(0.10, 11) = 1.796
The 90% confidence interval for the population mean μ is,
Therefore, required 90% confidence interval is (4128.3003, 4397.8997)
Get Answers For Free
Most questions answered within 1 hours.