We will have the following:
*First: We determine the standard deviation of the statistic, this is:
So, we will have:
Then:
And so, we obtain the standar deviation.
*Second: We determine the margin of error:
Here me represents the margin of error, cv represents the critical value and this is multiplied by the standard deviation. We know that the critica value for a 90% confidence interval is of 1.645, so:
*Third: We determine the confidence interval as follows:
Here ci is the confidence interval, ss is the saple statistic and me is the margin of error:
And that is the confidence interval,