00:01
So our question says that constructs a 99 % confidence in several to estimate the population mean using the data below.
00:07
So we have the sample in x bar to be across to 20.
00:10
We have the sample standard division to be across to 3 .5.
00:13
We have the sample size to be across to 23 and we have the population size to be across to 180.
00:19
So let's move into our worksheet.
00:21
Our sample mean x bar is equals to 20.
00:24
We have the sample standard division to be cost to 3 .5.
00:27
We have the sample size n to be across to 20.
00:32
And the population size is actually cost to 180 and our confidence level is actually equals to 99%.
00:39
So the formula for constructing our confidence in our confidence in our single value of population mean is given as mill is the cost to x bar plus or minus the critical value times the sample standard division divided by the scrolls of n.
00:51
We have all of our details ready aside from the critical value and the critical value is actually dependent on the type of distribution that defines our data set.
01:00
Taking a look at our data set, we have a sample size of 23.
01:04
This is a small sample size.
01:06
Also, we are using the value of the sample standard deviation and not the population standard division.
01:11
So that simply implies that our critical value cv is going to be a t score.
01:17
So since we are working with a t score, we are going to be needing a degree freedom...