A random sample of 42 college graduates revealed that they worked an average of 7.4 years on the job before being promoted. The sample standard deviation was 3.0 years. Using the 0.99 degree of confidence, what is the confidence interval for the population mean? a) 3.22 and 12.37 b) 6.17 and 8.63 c) 5.51 and 9.29 d) 6.15 and 8.65
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Step 1
The formula for the standard error of the mean is the standard deviation divided by the square root of the sample size. In this case, the standard deviation is 3.0 years and the sample size is 42. So, the standard error of the mean is 3.0 / sqrt(42) = 0.46 years. Show more…
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