Question 608322: Could you please help me with this question. It came from a study guide given in class. Thank you in advance!
Chapter Lesson: Confidence Intervals for the Mean, Small Samples (n<30)
6. Find the maximum error of estimate (E), and the small sample confidence interval for the population mean for the given values of c, x, σ, and n.
c = 95%
x = 162
σ = 10
n = 16
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Find the maximum error of estimate (E), and the small sample confidence interval for the population mean for the given values of c, x, σ, and n.
c = 95%
x = 162
σ = 10
n = 16
----
E = t
------
t = inv(0.975,15) = 2.13
----
E = 2.13*10/sqrt(16) = 5.325
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Cheers,
Stan H.
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