A random sample of size n=25 from N(μ, σ2=6.25) yielded x=60. Construct the following confidence intervals for μ. Round all your answers to 2 decimal places.
a. 95% confidence interval:
95% confidence interval = 60 ± ?
b. 90% confidence interval:
90% confidence interval = 60 ± ?
c. 80% confidence interval:
80% confidence interval = 60 ± ?
a) At 95% confidence interval the critical value is z0.025 = 1.96
The 95% confidence interval is
+/- z0.025 *
= 60 +/- 1.96 * 2.5/
= 60 +/- 0.98
= 59.02, 60.98
b) At 90% confidence interval the critical value is z0.05 = 1.645
The 90% confidence interval is
+/- z0.05 *
= 60 +/- 1.645 * 2.5/
= 60 +/- 0.82
= 59.18, 60.82
c) At 80% confidence interval the critical value is z0.1 = 1.28
The 80% confidence interval is
+/- z0.1 *
= 60 +/- 1.28 * 2.5/
= 60 +/- 0.64
= 59.36, 60.64
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