Objective: Finding a confidence interval We are interested in finding a 90% confidence interval on κκ. A sample of size 25 provided a point estimate of 5, a standard deviation of 1.9, and a margin of error of 0.2. Provide the interval below with 1 decimal place. ( , )
Objective: Finding a confidence interval We are interested in finding a 90% confidence interval on κκ. A sample of size 25 provided a point estimate of 5, a standard deviation of 1.9, and a margin of error of 0.2. Provide the interval below with 1 decimal place. ( , )
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Objective: Finding a confidence interval
We are interested in finding a 90% confidence interval on κκ. A
( , )
Expert Solution
Step 1
From the information, the sample size is 25, sample mean is 5, standard deviation is 1.9 and the margin of error is 0.2.
The degrees of freedom is,
The critical-value is obtained by using Excel function “=TINV(probability, degrees of freedom)”.
Output obtained from Excel is given below:
From the output, the t* is 1.711.
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