Keyshira Thompson
Question 3, 9.3.9
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A simple random sample of size
The lower bound is
Final Answer: The lower bound of the 99% confidence interval for the population mean is approximately
Step 1 :We are given a simple random sample of size
Step 2 :The formula for a confidence interval is
Step 3 :For a
Step 4 :Substituting the given values into the formula, we get the lower bound of the confidence interval as
Step 5 :Substituting the given values, we get
Step 6 :Solving the above expression, we get the lower bound of the confidence interval as approximately 116.61.
Step 7 :Final Answer: The lower bound of the 99% confidence interval for the population mean is approximately