A simple random sample of 50 items from a population with $σ = 6$ resulted in a sample mean of 32. Provide a 95% confidence interval for the population mean.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → $(30.34, 33.66)$
Given, $n = 50, σ = 6, \bar x = 32$
Confidence level = 95%
$⇒1-α= 0.95⇒ α = 0.05⇒\frac{α}{2}=0.025$
$∴Z_{α/2}=Z_{0.025} = 1.96$ (Using table)
Now, margin of error = $Z_{α/2}.\frac{σ}{\sqrt{n}}$
$= 1.96 ×\frac{6}{\sqrt{50}}$
$= 1.96 × 0.848 = 1.66$
$∵μ =\bar x$ ± margin of error
$= 32 ± 1.66$
So, confidence interval is $(32 -1.66, 32+ 1.66)$ i.e. $(30.34, 33.66)$.