find a 99% confidence interval for the mean given:
∑i=161 X_i = 6450
and
∑i=161 X^2_i = 6450
I found the sample mean of 105.7377 . (6450/61)
I do not know how to find the variance. Then confidence interval is computable.
find a 99% confidence interval for the mean given:
∑i=161 X_i = 6450
and
∑i=161 X^2_i = 6450
I found the sample mean of 105.7377 . (6450/61)
I do not know how to find the variance. Then confidence interval is computable.
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CI for mean or which? You can use those formulas to find the sample variance too.
$s^{2}= \frac{\sum_{i=0}^n x^{2}_{i} - (\sum_{i=0}^n x_{i})^{2}/n}{n-1} $
If for mean you will use a T-interval
$(\bar{x} - t_{\alpha/2,df}{\frac{s}{\sqrt{n}}},\bar{x} + t_{\alpha/2,df}{\frac{s}{\sqrt{n}}}) $
where df=n-1