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8. A random sample of size 100 from a population has a mean I = 3.87 and standard deviation s = 1.25. Construct a 95% confide

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Answer #1

Solution :

Given that,

Point estimate = sample mean = \bar x = 3.87

sample standard deviation = s = 1.25

sample size = n = 100

Degrees of freedom = df = n - 1 = 100 - 1 = 99

At 95% confidence level the t is ,

\alpha = 1 - 95% = 1 - 0.95 = 0.05

\alpha / 2 = 0.05 / 2 = 0.025

t\alpha /2,df = t0.025,99 = 1.984

Margin of error = E = t\alpha/2,df * (s /\sqrtn)

= 1.984 * (1.25 / \sqrt100)

= 0.25

The 95% confidence interval estimate of the population mean is,

\bar x - E < \mu < \bar x + E

3.87 - 0.25 < \mu < 3.87 + 0.25

3.62 < \mu < 4.12

(3.62 , 4.12)

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