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General X Cut It Copy Format Painter Calibri 11 A A === * Wrap Text BIU- QA SEE Merge & Center -000 Condition Formatting Past

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Sample Mean,    x̅ = ΣX/n =    30.5833

sample std dev ,    s = √(Σ(X- x̅ )²/(n-1) ) =   9.3200
Sample Size ,   n =    24

Level of Significance ,    α =    0.05          
degree of freedom=   DF=n-1=   23          
't value='   tα/2=   2.07 [Excel formula =t.inv(α/2,df) ]      
                  
Standard Error , SE = s/√n =   9.32/√24=   1.9024          
margin of error , E=t*SE =   2.0687   *   1.9024   =   3.94
                  
confidence interval is                   
Interval Lower Limit = x̅ - E =    30.58   -   3.9355   =   26.65
Interval Upper Limit = x̅ + E =    30.58   -   3.9355   =   34.52
95%   confidence interval is (   26.65 < µ <   34.52 )

There is    95%   confidence that true mean lies within confidence interval      

.................


Level of Significance,   α =    0.05          
Number of Items of Interest,   x =   12          
Sample Size,   n =    24          
                  
Sample Proportion ,    p̂ = x/n =    0.5000          
z -value =   Zα/2 =    1.96 [excel formula =NORMSINV(α/2)]      
                  
Standard Error ,    SE = √[p̂(1-p̂)/n] =    0.102062          
margin of error , E = Z*SE =    1.960   *   0.10206   =   0.2000
                  
95%   Confidence Interval is              
Interval Lower Limit = p̂ - E =    0.50000   -   0.20004   =   0.3000
Interval Upper Limit = p̂ + E =   0.50000   +   0.20004   =   0.7000
                  

..............

Please let me know in case of any doubt.

Thanks in advance!


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