Math Problem Statement
Step 3 of 3 :
Construct the 90%
confidence interval. Round your answers to three decimal places.
Solution
To construct a 90% confidence interval, you'll typically need the following information:
- The sample mean ()
- The standard deviation () or population standard deviation (), if available
- The sample size ()
- The confidence level (which is 90% in this case)
Formula for a confidence interval for the mean:
If you're dealing with a sample and the population standard deviation is unknown, use the t-distribution:
Where:
- is the sample mean
- is the sample standard deviation
- is the sample size
- is the critical value from the t-distribution for a 90% confidence level and degrees of freedom
If the population standard deviation () is known, use the z-distribution:
Where is the critical value from the standard normal distribution for a 90% confidence level.
Steps to calculate:
- Find the sample mean ().
- Determine the standard deviation ( or ).
- Find the appropriate critical value ( or ).
- For a 90% confidence level, the critical value from the z-distribution is approximately 1.645.
- If using the t-distribution, look up the t-value based on your sample size.
- Calculate the margin of error: or .
- Construct the confidence interval by adding and subtracting the margin of error from the sample mean.
Please provide the sample mean, standard deviation, and sample size (if known), so I can assist you in calculating the confidence interval.
Do you have these details, or would you like further clarification on any step?
Related Questions:
- What happens to the width of the confidence interval as the confidence level increases?
- How does the sample size affect the margin of error in a confidence interval?
- Why is the t-distribution used when the population standard deviation is unknown?
- How do we determine the appropriate critical value for a confidence interval?
- What role does variability in data play in constructing confidence intervals?
Tip: Increasing your sample size reduces the margin of error, leading to a narrower confidence interval.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Interval
Probability
Formulas
CI = \bar{x} \pm z_{\alpha/2} \cdot \frac{\sigma}{\sqrt{n}}
CI = \bar{x} \pm t_{\alpha/2} \cdot \frac{s}{\sqrt{n}}
Theorems
Central Limit Theorem
t-distribution
z-distribution
Suitable Grade Level
Undergraduate/College Level
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