A random sample of 90 observations produced a mean x bar 259
A random sample of 90 observations produced a mean x bar= 25.9 and a standard deviation s = 2.7. Find an approximate 90% confidence interval for the population mean.
Solution
Note that
Margin of Error E = z(alpha/2) * s / sqrt(n)
Lower Bound = X - z(alpha/2) * s / sqrt(n)
Upper Bound = X + z(alpha/2) * s / sqrt(n)
where
alpha/2 = (1 - confidence level)/2 = 0.05
X = sample mean = 25.9
z(alpha/2) = critical z for the confidence interval = 1.644853627
s = sample standard deviation = 2.7
n = sample size = 90
Thus,
Margin of Error E = 0.468133549
Lower bound = 25.43186645
Upper bound = 26.36813355
Thus, the confidence interval is
( 25.43186645 , 26.36813355 ) [ANSWER]
