Questions: Use the t-distribution to find a confidence interval for a mean μ given the relevant sample results. Give the best point estimate for μ, the margin of error; and the confidence interval. Assume the results come from a random sample from a population that is approximately normally distributed.
A 95% confidence interval for μ using the sample results x̄=87.0, s=7.2, and n=42
Round your answer for the point estimate to one decimal place, and your answers for the margin of error and the confidence interval to two decimal places.
point estimate =
margin of error =
The 95% confidence interval is to .
Transcript text: Current Attempt in Progress
Use the $t$-distribution to find a confidence interval for a mean $\mu$ given the relevant sample results. Give the best point estimate for $\mu$, the margin of error; and the confidence interval. Assume the results come from a random sample from a population that is approximately normally distributed.
A 95\% confidence interval for $\mu$ using the sample results $\bar{x}=87.0, s=7.2$, and $n=42$
Round your answer for the point estimate to one decimal place, and your answers for the margin of error and the confidence interval to two decimal places.
point estimate $=$ $\square$
margin of error = $\square$
The 95\% confidence interval is $\square$ to $\square$ .
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Solution
Solution Steps
Step 1: Point Estimate
The best point estimate for the population mean \( \mu \) is given by the sample mean \( \bar{x} \):
\[
\text{Point estimate} = \bar{x} = 87.0
\]
Step 2: Margin of Error
To calculate the margin of error, we use the formula:
\[
\text{Margin of Error} = Z \cdot \frac{s}{\sqrt{n}}
\]
where \( Z \) is the Z-score corresponding to the 95% confidence level, \( s \) is the sample standard deviation, and \( n \) is the sample size. For a 95% confidence level, \( Z = 1.96 \).
Substituting the values:
\[
\text{Margin of Error} = 1.96 \cdot \frac{7.2}{\sqrt{42}} \approx 2.18
\]
Step 3: Confidence Interval
The confidence interval for the mean is calculated as:
\[
\bar{x} \pm \text{Margin of Error}
\]
Thus, we have:
\[
87.0 \pm 2.18
\]
Calculating the lower and upper bounds:
\[
\text{Lower Bound} = 87.0 - 2.18 = 84.82
\]
\[
\text{Upper Bound} = 87.0 + 2.18 = 89.18
\]
Therefore, the 95% confidence interval is:
\[
(84.82, 89.18)
\]
Final Answer
Point estimate \( = 87.0 \)
Margin of error \( = 2.18 \)
The 95% confidence interval is from \( 84.82 \) to \( 89.18 \).