Assuming that the population is normally distributed, construct a 99 % confidence interval for the population mean, based on the following sample size of n equals 5. 1, 2, 3, 4, and 26 In the given data, replace the value 26 with 5 and recalculate the confidence interval. Using these results, describe the effect of an outlier (that is, an extreme value) on the confidence interval, in general. Find a 99 % confidence interval for the population mean, using the formula or technology.
By using the TI-84 calculator we can solve this question easily.
We have to construct 99% confidence interval for the population mean.
Data are 1,2,3,4,26
First, enter data into the Ti-84 calculator.
Click on STAT ------> Edit --------> Enter values in L1
Then Click on STAT --------> TESTS ------> TInterval --->Data ------->
List: L1
Freq: 1
C-Level: 0.99
Calculate
We get confidence interval ( - 14.56 , 28.961)
After replacing the value 26 with 5 we get data: 1,2,3,4,5
First, enter data into the Ti-84 calculator.
Click on STAT ------> Edit --------> Enter values in L1
Then Click on STAT --------> TESTS ------> TInterval --->Data ------->
List: L1
Freq: 1
C-Level: 0.99
Calculate
We get confidence interval ( - 0.2556 , 6.2556)
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