using the z table find critical value at 95 also find confid
using the z table find critical value at 95% also find confidence interval and degree of freedom
find the mean, standard deviation, and standard error 4477+ 4980
the mean need to be caluated from the two numbers above
including assumptions and justification for the predictions.
USE JUST THE TWO NUMBERS
SHOW EVERY STEP TO RECEIVE ALL POINTS
Solution
95% CI means z = 1.96
95% CI = ( mean - z*standard error , mean + z*standard error)
Given mean + z*standard error = 4477+ 4980
So mean = 4477
z*standard error = 4980
1.96*standard error = 4980
So standard error = 4980/1.96 = 2540.82
standard error = (standard deviation)/sqrt(n)
So standard deviation = standard error*sqrt(n) = 2540.82*sqrt(n)
Put the value of n, to get standard deviation
