Answer :
95% confidence interval for the true mean breaking strength of the white wood is (71.66 MPA, 78.74 MPA)
The result above means that the lower limit of the true mean breaking strength of the white wood is 69.89 MPA and the upper limit is 81.51 MPA.
- Confidence Interval:
The definition says, "A confidence interval is a range of values derived from a sample statistic that likely includes the value of an unknown population parameter."
To calculate the confidence interval, we need to know three parameters of the sample: the mean (average value) μ, the standard deviation σ, and the sample size n (number of measurements). Then you can calculate standard error and tolerance using the following formulas:
standard error = σ/√n
Given in the question:
Confidence interval = mean + or - Error margin (E)
Mean = 75.2 MPA
Standard deviation = 8.6 MPA
Sample size, n = 25
Now,
Degree of freedom = n - 1 = 25 - 1 = 24
Confidence level (C) = 95% = 0.95
Significance level = 1 - C
= 1 - 0.95
= 0.05 = 5%
Therefore, t-value corresponding to 24 degrees of freedom and 5% significance level is 2.06
Again,
E = t × sd/√n
= 2.06 × 8.6/√25
= 2.06 × 1.72
= 3.54 MPA
Lower limit = Mean - E
= 75.7 - 5.81
= 69.89 MPA
Upper limit = Mean + E
= 75.7 + 5.8
= 81.51 MPA
95% confidence interval is (69.89 MPA, 81.51 MPA)
The result means that the true mean breaking strength of the white wood is between 69.89 and 81.51 MPA.
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