Question #18123

What is the confidence interval for the population mean assuming the population has a normal distribution and n=12, x=29.5, s=4.1, and 99% confidence

Expert's answer

Conditions

What is the confidence interval for the population mean assuming the population has a normal distribution and n=12n=12, x=29.5x=29.5, s=4.1s=4.1, and 99% confidence

Solution

P(Xˉz1α2σnμXˉ+z1α2σn)=α\mathbb{P} \left( \bar{X} - z_{\frac{1 - \alpha}{2}} \frac{\sigma}{\sqrt{n}} \leq \mu \leq \bar{X} + z_{\frac{1 - \alpha}{2}} \frac{\sigma}{\sqrt{n}} \right) = \alphaz0.99=2.326z_{0.99} = 2.32629.52.3264.112μ29.5+2.3264.11229.5 - 2.326 \cdot \frac{4.1}{\sqrt{12}} \leq \mu \leq 29.5 + 2.326 \cdot \frac{4.1}{\sqrt{12}}24.747μ32.25324.747 \leq \mu \leq 32.253


Answer: 24.747μ32.25324.747 \leq \mu \leq 32.253

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