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. |
(31.32, 32.68) (31.35, 32.65) (30.34, 33.66) (30.68, 33.32) |
(30.34, 33.66) |
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. $(30.34, 33.66)$. |