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Construct a 95% confidence interval for the mean of a population if n=25, x̅= 42.3 and σ= 3.2. Assume the mean is normally distributed.
ANSWER:
Given that,
Construct a 95% confidence interval for the mean of a population if n=25, x̅= 42.3 and σ= 3.2. Assume the mean is normally distributed.
n = 25
x̅= 42.3
σ = 3.2
c = 95% = 95/100 = 0.95
= 1-c = 1-0.95 = 0.05
/2 = 0.05/2 = 0.025
Critical value = = = 1.645
95% confidence interval
95% CI = x̅ *(σ/sqrt(n))
95% CI = 42.3 1.645 *(3.2/sqrt(25))
95% CI = 42.3 1.0528
95% CI = 42.3-1.0528 , 42.3+1.0528
95% CI = 41.2472 , 43.3528
Assume the mean is normally distributed
41.2472 < < 43.3528
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