Answer:
[tex]120-2.614\frac{5}{\sqrt{130}}=118.85[/tex]
[tex]120+2.614\frac{5}{\sqrt{130}}=121.15[/tex]
Step-by-step explanation:
Information given
[tex]\bar X= 120[/tex] represent the sample mean
[tex]\mu[/tex] population mean (variable of interest)
s=5 represent the sample standard deviation
n=130 represent the sample size
For this case we can't set a margin of error just with a % since they not specify 1.13% respect to something for this case we can omit this value
Confidence interval
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)
The degrees of freedom are given by:
[tex]df=n-1=130-1=129[/tex]
The Confidence level is 0.99 or 99%, the significance would be [tex]\alpha=0.01[/tex] and [tex]\alpha/2 =0.005[/tex], and the critical value would be [tex]t_{\alpha/2}=2.614[/tex]
And replacing we got:
[tex]120-2.614\frac{5}{\sqrt{130}}=118.85[/tex]
[tex]120+2.614\frac{5}{\sqrt{130}}=121.15[/tex]