A lab tested 99 chicken eggs and found that the average amount of cholesterol was 217 milligrams, sd= 20 milligrams. construct a 97% confidence interval for the true mean cholesterol content, u, of all those eggs
Solution :
Given that,
Point estimate = sample mean =
= 217
Population standard deviation =
= 20
Sample size = n = 99
At 97% confidence level
= 1 - 97%
= 1 - 0.97 =0.03
/2
= 0.015
Z/2
= Z0.015 = 2.17
Margin of error = E = Z/2
* (
/n)
= 2.17 * ( 20 / 99
)
= 4.36
At 97% confidence interval estimate of the population mean is,
± E
217 ± 4.36
( 212.64, 221.36 )
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