Answer:
[tex]95-2.76\frac{6.6}{\sqrt{30}}=91.674[/tex]
[tex]95+2.76\frac{6.6}{\sqrt{30}}=98.326[/tex]
We can say at 99% confidence that the true mean is between (91.674;98.326)
Step-by-step explanation:
Data given
[tex]\bar X=95[/tex] represent the sample mean
[tex]\mu[/tex] population mean (variable of interest)
s=6.6 represent the sample standard deviation
n=30 represent the sample size
The confidence interval for the mean is given by the following formula:
[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex] (1)
We need to find the critical value [tex]t_{\alpha/2}[/tex] and we need to find first the degrees of freedom, given by:
[tex]df=n-1=30-1=29[/tex]
Since the Confidence is 0.99 or 99%, the value of [tex]\alpha=0.01[/tex] and [tex]\alpha/2 =0.005[/tex], and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.005,29)".And we see that [tex]t_{\alpha/2}=2.76[/tex]
And replacing we got:
[tex]95-2.76\frac{6.6}{\sqrt{30}}=91.674[/tex]
[tex]95+2.76\frac{6.6}{\sqrt{30}}=98.326[/tex]
We can say at 99% confidence that the true mean is between (91.674;98.326)