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In a study of the length of time that students require to earn bachelor’s degrees, 60 students are randomly selected and they are found to have a sample mean of 4.8 years and a sample standard deviation of 2.2 years, construct a 95% confidence interval estimate of the population mean.

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Answer:
(4.24,\ 5.36 )

Explanation:

The confidence interval to estimate the population mean is given by :_


\overline{x}\ \pm\ z_(\alpha/2)(\sigma)/(√(n))

Given : Sample size : n= 60 , the sample is a large sample (n>30), so we can apply z-test.

Sample mean =
\overline{x}=4.8

Standard deviation :
\sigma=2.2

Level of confidence:
1-\alpha=0.95


\Rightarrow\ \alpha=0.05

Then, critical z-value =
z_(\alpha/2)=1.96

Then, a 95% confidence interval estimate of the population mean will be


=4.8\ \pm\ (1.96)(2.2)/(√(60))\\\\=4.8\pm0.56=(4.8-11.76, 4.8+11.76)=(4.24,\ 5.36 )

Hence, the 95% confidence interval to estimate the population mean =
(4.24,\ 5.36 ).

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