You measure 47 dogs' weights, and find they have a mean weight of 57 ounces. Assume the population standard deviation is 2.9 ounces. Based on this, determine the point estimate and margin of error for a 99% confidence interval for the true population mean dog weight. Give your answers as decimals, to two places
Solution :
Given that,
Point estimate = sample mean =
= 57
Population standard deviation =
= 2.9
Sample size = n =47
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2* ( /n)
= 2.576* ( 2.9/ 47)
= 1.09
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