The table below has the number of alcoholic beverages Loren has imbibed in the last 6 days.
__
x
__
10
19
16
15
16
14
__
Using this data, calculate a point estimate for the average number of drinks Loren drinks per night and calculate a 99% confindence interval for the mean.
Solution:
calculate a point estimate for the average number of drinks Loren drinks per night?
Answer: The point estimate for the average number of drinks Loren drinks per night is:
calculate a 99% confidence interval for the mean.
Answer: The 99% confidence interval for the mean is:
Where:
is the critical value at 0.01 significance level for
Therefore, the 99% confidence interval for the mean is
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