A random sample of size 144 is drawn from a population whose distribution, mean, and standard deviation are all unknown. The summary statistics are š„Ģ = 58.2 and s = 2.6.
a. Construct an 80% confidence interval for the population mean Ī¼.
b. Construct a 90% confidence interval for the population mean Ī¼.
a. The critical value forĀ "\\alpha = 0.20, df=n-1=143"Ā degrees of freedom isĀ "t_c\u200b=z_{1\u2212\u03b1\/2;n\u22121}=1.2875"
The corresponding confidence interval is computed as shown below:
Therefore, based on the data provided, theĀ 80%Ā confidence interval for the population mean isĀ "57.291 < \\mu < 58.479,"Ā which indicates that we areĀ 80%Ā confident that the true population meanĀ "\\mu"Ā is contained by the intervalĀ "(57.921, 58.479)."
b. The critical value forĀ "\\alpha = 0.10, df=n-1=143"Ā degrees of freedom isĀ "t_c\u200b=z_{1\u2212\u03b1\/2;n\u22121}=1.655579"
The corresponding confidence interval is computed as shown below:
Therefore, based on the data provided, theĀ 90%Ā confidence interval for the population mean isĀ "57.841 < \\mu < 58.559,"Ā which indicates that we areĀ 90%Ā confident that the true population meanĀ "\\mu"Ā is contained by the intervalĀ "(57.841, 58.559)."
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