Construct the confidence interval for the population mean mu. cequals0.95, x overbar equals 15.2, sigmaequals4.0, and nequals55 A 95% confidence interval for mu is
Solution :
Given that,
Point estimate = sample mean =
= 15.2
Population standard deviation =
= 4.0
Sample size = n =55
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Margin of error = E = Z/2
* (
/n)
= 1.96 * ( 4.0 / 55
)
= 1.0571
At 95% confidence interval estimate of the population mean
is,
- E <
<
+ E
15.2 - 1.0571 <
< 15.2+ 1.0571
14.1429 <
< 16.2571
( 14.1429 , 16.2571)
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