kionalynum
Apr 15, 2011, 09:46 AM
Generate a 95% confidence interval for the mean if the standard deviation for the population is known as 4. The sample consists of 30 measurements with a mean 84. Round to the nearest hundreths.
galactus
Apr 15, 2011, 11:41 AM
The margin of error is E=z\cdot \frac{\sigma}{\sqrt{n}}
.95 CI corresponds to a z score of 1.96
So, we have E=1.96\cdot \frac{4}{\sqrt{30}}=1.43
The CI is then:
\overline{x}-E<\mu<\overline{x}+E
where \overline{x}=84
Calculate the CI. This tells us that with 95% confidence the mean for the poopulation is between those values.