A sample of 10 elements from a population with a sample stan
     A sample of 10 elements from a population with a sample standard deviation of 60 is selected. The sample means is 150. Find the 90% confidence interval for  . Round your answer to three decimal places   
  
  Solution
Confidence Interval
 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)=150
 Standard deviation( sd )=60
 Sample Size(n)=10
 Confidence Interval = [ 150 ± t a/2 ( 60/ Sqrt ( 10) ) ]
 = [ 150 - 1.833 * (18.974) , 150 + 1.833 * (18.974) ]
 = [ 115.221,184.779 ]

