A sample of n 26 observations are taken from a normal popul
A sample of n = 26 observations are taken from a normal population with unknown mean and variance. From the sample we have:
A.) Suppose an additional 3 observations are taken, x27 = 260, x28 = 392, and x29 = 384. Calculate the new sample mean and sample standard deviation.
B.) Using the information in (A.), construct a 99% two-sided confidence interval for the population mean.
Solution
Sum of 26 items = 9637.90
Add 3 information = 260+392+384
Grand total = 10673.90
New sample mean = 10673.9/29 =368.065
Sum of x^2 = 2858750
Add square of three new items = 67600+153664+147456=368720
E(X^2) =3227470/29 = 111292.069
Var(x) = 111292.069-368.065^2=
AS variance is negative there is some mistake in the data.
