A sociologist found that in a sample of 50 retired men, the average number of jobs they had during their lifetimes was 6.8. The population standard deviation is 2.3. Find the
90% confidence interval of the mean number of jobs. Round intermediate and final answers to one decimal place.
A sociologist found that in a sample of n = 50 retired men, the average number of jobs they had during their lifetimes was M = 6.8. The population standard deviation is = 2.3.
For the given data the confidence interval is calculated as:
μ = M ± Z(M)
where:
M = sample mean
Z = Z statistic determined by the confidence
level using the excel formula for normal distribution
M = standard error = √(2/n)
M = 6.8
Z = 1.645 calculated using the excel formula
=NORM.S.INV(0.95)
M = √(2.32/50) = 0.33
μ = M ± Z(sM)
μ = 6.8 ± 1.645*0.33
μ = 6.8 ± 0.535
Thus the Confidence interval is computed as:
CI = [6.3, 7.3]
Get Answers For Free
Most questions answered within 1 hours.