11.5 Confidence Intervals for the Population Mean
- Key Idea 1: Sample means will have a standard normal distribution...
Discussion In Chapter 8 we learned to standardize a normally distributed statistic...
Since according to the central limit theorem, when sampling from any population, X will be approximately normally distributed with mean m and standard deviation
provided n ³ 20, we know that
will be approximately normally distributed with a mean of 0 and a variance of 1 - that is, it will have a standard normal distribution.
- Key Idea 2: Now we will use this knowledge to find a 95% confidence interval for a population mean...
Key Idea 3: What if the value of the population standard deviation is not known...
Discussion We can still calculate the confidence interval for the population mean by substituting the sample standard deviation S into the formula in the place of the unknown population standard deviation, using the fact learned from the five-step method that the sample standard deviation should be close to the unknown population standard deviation.
Example and Simulated Experiment
Key Idea 4: In such cases, the rule of thumb used by most statisticians requires n >= 30...
Discussion
Because this estimate of the population standard deviation adds a further approximation to the normal approximation of the distribution of X , the rule of thumb used by most statisticians requires n ³30 (rather than 20) in order to use the central limit theorem to obtain a confidence interval for m when the estimator S is substituted for s.
Summary...