Find a 95% confidence interval for the mean(mew)of the population.
Use the value of s you calculated as a substitute for the value of StDev required in the confidence interval calculation
Mean(Mew) - 69. 37
s (sample stdev) - 3.24
A) What is the margin of error in your confidence interval?
B) Explain what this confidence interval means.
we know that the confidence interval is given as
mean +- z*sd/sqrt(n)
from the z table , we see than for 95% CI the value of z is 1.96
so
mean +- z*sd/sqrt(n)
mean = 69.37
sd = 3.24
69.37 +- 1.96*3.24/sqrt(n)
here n is not given but we can put the values in n and solve for upper and lower limit
margin of error is given as
MOE = z*sd/sqrt(n)
= 1.96*3.24/sqrt(n)
Interpretation
when we calculate the upper and lower limit of the confidence interval , we say that we are 95% confident that the true value of the mean lies in the interval given by
Lower limit , upper limit
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