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Interval
Estimation
Point Estimation
Point Estimation
Confidence level
- refers to the probability that the confidence interval contains the true
population parameter.
Where: 𝜶 = probability that the confidence interval does not contain the true
population parameter
Critical Value
- is the value that indicates the point beyond which lies the rejection
region.this region does not contain the true population parameter.
Formula for interval estimate of population mean when
population variance is known and n ≥ 30.
Where:
X = mean of a random sample of size n
n = sample size
𝜎= population standard deviation
Z = z value at confidence level
Solution
Step 1: FIND THE VALUE OF Z
Interpretation
The researcher is 95% confident that the sample mean x = 78
differs from the population mean 𝞵 by no more than 0.112 or
0.11.Also , the researcher is 95% confident that the population
mean 𝞵 is between 77. 89 and 78.11 when the mean of the sample is
78.
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