A simple random sample of size n=18 is drawn from a population that is normally distributed. The sample mean is found to be x overbar =50 and the sample standard deviation is found to be s=14. Construct a 90% confidence interval about the population mean.
Solution :
Given that,
Point estimate = sample mean = = 50
sample standard deviation = s = 14
sample size = n = 18
Degrees of freedom = df = n - 1 = 18-1 =17
t /2,df = 1.74
Margin of error = E = t/2,df * (s /n)
= 1.74* (14 / 18)
Margin of error = E = 5.74
The 90% confidence interval estimate of the population mean is,
- E < < + E
50 - 5.74 < < 50 + 5.74
44.26 < < 55.74
(44.26,55.74)
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