Say we have a population distribution Nmu 4 From this popula
     Say we have a population distribution N(mu, 4). From this population, we have a random sample of size 30 with sample mean being 2.19. Construct 90%, 95%, and 99% confidence intervals of mu. Compare the length of these intervals, tell me your conclusion.  
  
  Solution
AT 90% CI
 CI = x ± t a/2 * (sd/ Sqrt(n))
 Where,
 x = Mean
 sd = Standard Deviation
 a = 1 - (Confidence Level/100)
 ta/2 = t-table value
 CI = Confidence Interval
 Mean(x)=2.19
 Standard deviation( sd )=4
 Sample Size(n)=30
 Confidence Interval = [ 2.19 ± t a/2 ( 4/ Sqrt ( 30) ) ]
 = [ 2.19 - 1.699 * (0.73) , 2.19 + 1.699 * (0.73) ]
 = [ 0.949,3.431 ]
AT 95% CI
 Confidence Interval = [ 2.19 ± t a/2 ( 4/ Sqrt ( 30) ) ]
 = [ 2.19 - 2.045 * (0.73) , 2.19 + 2.045 * (0.73) ]
 = [ 0.697,3.683 ]
AT 99% CI
Confidence Interval = [ 2.19 ± t a/2 ( 4/ Sqrt ( 30) ) ]
 = [ 2.19 - 2.756 * (0.73) , 2.19 + 2.756 * (0.73) ]
 = [ 0.177,4.203 ]

