Question

Assuming that the population standard deviation is unknown, calculate the 95% confidence interval of the population...

Assuming that the population standard deviation is unknown, calculate the 95% confidence interval of the population mean.

The following is the data. Calculating Process should be shown by Excel (Formulas). What formulas in statistics are used?

7
21
23
24
18
16
2
19
11
6
3
13
17
9
5
12
13
17
4
14
15
25
12
24
22
14
14
20
15
11
26
17
21
11
4
13
16
14
13
14
25
23
9
15
14
12
19
11
18
9
12
13
17
6
19
17
13
23
16
17
11
15
11
23
8
16
10
26
19
16
23
15
20
30
21
21
14
1
13
14
21
3
26
18
6
17
18
15
10
14
9
17
10
16
13
9
14
6
19
4
8
4
7
8
2
21
6
14
20
7
18
11

Homework Answers

Answer #1

Solution:-

Steps

1) Paste the data points in the excel.

2) Click on data in the tool bar and then on data analysis.

3) Select "Descriptive statistics" from the options.

4) Paste the data set in input range and select the summary statistics.

5) Click on Ok.

Data
Mean 14.29464
Standard Error 0.589024
Median 14
Mode 14
Standard Deviation 6.233647
Sample Variance 38.85835
Kurtosis -0.45507
Skewness -0.00464
Range 29
Minimum 1
Maximum 30
Sum 1601
Count 112

95% confidence interval of the population mean is C.I = (13.127, 15.46).

C.I = 14.295 + 1.982 × 0.589

C.I = 14.295 + 1.1674

C.I = (13.127, 15.46)

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