Answer: 1.4494 and 1.4506
Step-by-step explanation:
Given : Sample size : [tex]n=20[/tex], which is less than 30 so the sample is a small sample.
Sample mean : [tex]\overline{x}=1.45[/tex]
Standard deviation : [tex]\sigma= 0.0015[/tex]
Significance level :[tex]\alpha=1-0.99=0.01[/tex]
Critical value : [tex]t_{n-1,\alpha/2}=t_{19,0.005}=1.729[/tex]
The confidence interval for population mean is given by :-
[tex]\mu\ \pm t_{n-1,\alpha/2}\dfrac{\sigma}{\sqrt{n}}[/tex]
[tex]=1.45\pm(1.729)\dfrac{0.0015}{\sqrt{20}}\\\\\approx1.45\pm0.0006\\\\=(1.45-0.0006,\ 1.45+0.0006)=(1.4494,\ 1.4506)[/tex]
Hence, the range of the true mean with 99% confidence interval is between 1.4494 and 1.4506.