Confidence Interval Math Example 3
Follow the full solution, then compare it with the other examples linked below.
Example 3
easyA 95% CI for a population mean is . Find the sample mean and the margin of error .
Solution
- 1 Sample mean = midpoint of CI:
- 2 Margin of error = half-width:
Answer
; .
Confidence intervals are symmetric around the sample mean. The midpoint gives the point estimate; half the total width gives the margin of error. You can always recover both from the endpoints of any symmetric confidence interval.
About Confidence Interval
A range of values, computed from sample data, that is likely to contain the true population parameter with a specified level of confidence.
Learn more about Confidence Interval โMore Confidence Interval Examples
Example 1 medium
A sample of [formula] has [formula] and [formula]. Construct a 95% confidence interval for the popul
Example 2 hardCompare 90% and 99% confidence intervals for [formula], [formula], [formula]. Calculate both and exp
Example 4 hardTo achieve a margin of error of [formula] with 95% confidence, given [formula], find the required sa