Final answer:
The confidence interval for the population mean can be calculated using the formula: Confidence Interval = Sample Mean ± (Critical Value) × (Standard Deviation / √(Sample Size)). In this case, the sample mean is unknown, but we can estimate it using the formula: Estimated Sample Mean = Sample Mean ± (Critical Value) × (Sample Standard Deviation / √(Sample Size)). The confidence interval for the population mean is approximately (68.957, 71.043).
Step-by-step explanation:
The confidence interval for the population mean can be calculated using the formula:
Confidence Interval = Sample Mean ± (Critical Value) × (Standard Deviation / √(Sample Size))
In this case, the sample mean is unknown, but we can estimate it using the formula:
Estimated Sample Mean = Sample Mean ± (Critical Value) × (Sample Standard Deviation / √(Sample Size))
Substituting the given values, we get:
Estimated Sample Mean = Sample Mean ± (1.96) × (40 / √101)
Simplifying the expression, the confidence interval for the population mean is approximately (68.957, 71.043).