Answer:
We can say at 99% confidence that the true mean is between (91.674;98.326)
Explanation:
Data given
represent the sample mean
population mean (variable of interest)
s=6.6 represent the sample standard deviation
n=30 represent the sample size
The confidence interval for the mean is given by the following formula:
(1)
We need to find the critical value
and we need to find first the degrees of freedom, given by:
Since the Confidence is 0.99 or 99%, the value of
and
, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.005,29)".And we see that
And replacing we got:
We can say at 99% confidence that the true mean is between (91.674;98.326)