64 college students took a placement test. Their mean score was 29.5 points with a standard deviation of 7.3 points. Construct a 95% confidence interval for the mean score on this placement exam for all students.
Solution :
The 95% confidence interval for population mean is given as follows :
Where, x̄ is sample mean, s is sample standard deviation, n is sample size and t(0.05/2, n - 1) is critical t value to construct 95% confidence interval.
We have, n = 64, x̄ = 29.5, s = 7.3
Using t-table we get, t(0.05/2, 64 - 1) = 1.998
Hence, the 95% confidence interval for the mean score on this placement exa for all students is,
The 95% confidence interval for the mean score on this placement exa for all students is (27.68, 31.32).
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