Solution :
Given that,
Point estimate = sample mean =
= 38
Population standard deviation =
= 10
Sample size = n =49
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 =
0.01
/ 2 = 0.01 / 2 = 0.005
Z
/2
= Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z
/2*
(
/
n)
= 2.576 * ( 10/
49)
= 3.68
At 99% confidence interval is,
- E <
<
+ E
38-3.68 <
<38+3.68
34.32<
< 41.68
(34.32,41.68)
lower limit 34.32.
upper limit 41.68
Construct a 99% confidence interval to estimate the population mean using the data below. x =...
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