Solution :
Given that,
Point estimate = sample mean = = 2.3
Population standard deviation =
= 0.23
Sample size = n =45
At 90% confidence level the z is
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Margin of error = E = Z/2
* (
/
n)
=1.645 * ( 0.23 / 45
)
= 0.0564
At 90% confidence interval estimate of the population mean
is,
- E <
<
+ E
2.3 - 0.0564 <
< 2.3 + 0.0564
2.24 <
< 2.36
( 2.24 to 2.36 )
A sample of 45 people were randomly selected from among the workers in a shoe factory....
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