document.write( "Question 1087049: What is confidence interval if Population Mean = 70 and Margin of Error is 20?\r
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Algebra.Com's Answer #701355 by jim_thompson5910(35256) ![]() You can put this solution on YOUR website! I think you meant to say \"sample mean\" instead of \"population mean\". The whole goal of a confidence interval is to estimate the parameter, which in this case is the population mean. If you know the parameter, then why bother estimate it with a confidence interval? \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The sample mean is xbar = 70\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The confidence interval is of the form (L, U) where L is the lower endpoint and U is the upper endpoint\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If the margin of error is E, then\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "L = xbar - E \n" ); document.write( "L = 70 - 20 \n" ); document.write( "L = 50\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "and\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "U = xbar + E \n" ); document.write( "U = 70 + 20 \n" ); document.write( "U = 90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Making the confidence interval to be (L, U) = (50, 90) which can be written as \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Note: |