You measure 45 textbooks' weights, and find they have a mean weight of 31 ounces. Assume the population standard deviation is 7.7 ounces. Based on this, construct a 99% confidence interval for the true population mean textbook weight. Give your answers as decimals, to two places
You measure 45 textbooks' weights, and find they have a mean weight of 31 ounces. Assume the population standard deviation is 7.7 ounces. Based on this, construct a 99% confidence interval for the true population mean textbook weight. Give your answers as decimals, to two places
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Step 1
Obtain the 99% confidence interval for the true population mean text book weight.
The 99% confidence interval for the true population mean text book weight is obtained below as follows:
Use EXCEL Procedure for finding the critical value of z.
Follow the instruction to obtain the critical value of z:
- Open EXCEL
- Go to Formula bar.
- In formula bar enter the function as“=NORMINV”
- Enter the probability as 0.995
- Enter the mean as 0 and the Standard deviation as 1.
- Click enter
EXCEL output:
From the EXCEL output, the critical value of z at the 99% confidence level is 2.576.
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