A random sample of 23 items is drawn from a population whose standard deviation is unknown. The sample mean isx⎯ ⎯ x¯ = 840 and the sample standard deviation is s = 15. Use Appendix D to find the values of Student's t. (a) Construct an interval estimate of μ with 98% confidence. (Round your answers to 3 decimal places.) The 98% confidence interval is from to

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Answer:

[tex](832.156, \ 847.844)[/tex]

Step-by-step explanation:

Given data :

Sample standard deviation, s = 15

Sample mean, [tex]\overline x = 840[/tex]

n = 23

a). 98% confidence interval

[tex]$\overline x \pm t_{(n-1, \alpha /2)}. \frac{s}{\sqrt{n}}$[/tex]

[tex]$E= t_{( n-1, \alpha/2 )} \frac{s}{\sqrt n}}[/tex]

[tex]$t_{(n-1 , \alpha/2)} \frac{s}{\sqrt n}$[/tex]

[tex]$t_{(n-1, a\pha/2)}=t_{(22,0.01)} = 2.508$[/tex]

∴ [tex]$E = 2.508 \times \frac{15}{\sqrt{23}}$[/tex]

  [tex]$E = 7.844$[/tex]

So, 98% CI is

[tex]$(\overline x - E, \overline x + E)$[/tex]

[tex](840-7.844 , \ 840+7.844)[/tex]

[tex](832.156, \ 847.844)[/tex]

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