Example 1: A 95% and a 99% confidence interval
A random sample of 64 items from a population with standard deviation 8 has mean 52. Find a 95% and a 99% confidence interval for the population mean.
σ/√n = 8/√64 = 1- 95%:
52 ± 1.96 × 1, i.e.(50.04, 53.96) - 99%:
52 ± 2.575 × 1, i.e.(49.425, 54.575)
Answer: 95%: (50.04, 53.96); 99%: (49.425, 54.575)