27. In a survey of 254 students at North Campus, the mean Hours spent on homework was 11.75, with a standard deviation of 2.75. Construct a 99% confidence interval estimate for the mean Hours spent on homework for students at North Campus. Show your calculations on a separate sheet of paper for the margin of error and the construction of the confidence interval. Give your interpretation of the confidence interval estimate. SHOW WORK
27)
Solution :
Given that,
Point estimate = sample mean = = 11.75
Population standard deviation = = 2.75
Sample size = n = 254
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
Margin of error = E = Z/2* ( /n)
= 2.576 * (2.75 / 254)
= 0.44
At 99% confidence interval estimate of the population mean is,
- E < < + E
11.75 - 0.44 < < 11.75 + 0.44
11.31 < < 12.19
(11.31 , 12.19 )
27. In a survey of 254 students at North Campus, the mean Hours spent on homework...
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