8.1.11 population mean, confidence interval
For the provided sample mean, sample size, and population standard deviation, complete parts (a) through (c) below
\(\bar{x}=37, n=64, \sigma=3\)
(a). Find a 95% confidence interval for the population mean.
First, we need to get the data from the question
x = 37
n = 64
sigma = 3Empirical rule:
99.7% - 1 standard deviation
95% - 2 standard deviation
68% - 3 standard deviation
To find 95% confidence interval, we run
x - 2 * sigma/sqrt(n)## [1] 36.25
x + 2 * sigma/sqrt(n)## [1] 37.75
Round to two decimal places as needed
round(x - 2 * sigma/sqrt(n), 2)## [1] 36.25
round(x + 2 * sigma/sqrt(n), 2)## [1] 37.75
(b). Identify and interpret the margin of error.
Margin of error = 1/2 distance of two endpoints of confidence interval
(round(x + 2 * sigma/sqrt(n), 2) - round(x - 2 * sigma/sqrt(n), 2)) /2## [1] 0.75
(c). Express the endpoints of the confidence interval in terms of the point estimate and the margin of error.
We can find margin of error
round( 2 * sigma/sqrt(n), 2)## [1] 0.75
Hope that helps!