Confidence Interval When using the t-Distribution x s n 1 t ( df , / 2 ) s 7041.4 1610.3 7 0.010 TRUE Inputs Outputs the sample mean; it is the center point of the confidence interval the sample's standard deviation the sample size 6 degrees of freedom We desire this level of confidence. 99.00% confidence interval AllInputsOkay 0.9900 LevelOfConfidence = 1 - alpha 99% confidence interval 3.707428 ConfidenceCoefficient = tINV(0.01,6) a) Lookup in table of Critical Values of the t-Distribution or b) Excel: =TINV(alpha, df) or c) TI-84: invT( 0.0050 α/2 is the area in the right tail above this z value 0.0050 α/2 is the area in the left tail below -z, too 0.0100 The total area in the two tails is α 0.9900 The area in the middle, between the two tails, is 1-α 608.6362 = StandardDeviation of the Sample/SQRT(SampleSize) n Result from 2256.475 E, MaximumErrorOfEstimate = ConfindenceCoefficient * StandardErrorOfTheMean The 99% confidence interval for the Mean is: to =SampleMean - MaximumErrorOfEstimate to SampleMean + MaximumErrorOfEstimate 4784.925 to 9297.875 Confidence Interval Inputs Outputs When the population standard deviation, σ, is known (or for "large enough" sample size n) x s n from 563.2 87.9 10 0.050 TRUE the sample mean; it is the center point of the confidence interval the sample's standard deviation the sample size 9 degrees of freedom We desire this level of confidence. 95.00% confidence interval AllInputsOkay to There is the CONFIDENCE() function for the z case but no corresponding function for the t case. TI-84 1) 2) 3) 4) STAT menu Right arrow to TESTS submenu 8:Zinterval Choose "Data" or "Stats" "Data" "Stats" Use this if you have stored data in a TI-84 "List". Use this if you have the mean and sample size without a TI-84 "List". 5) Highlight "Calculate" and press Enter when your inputs are complete Example: [Blu4 page 364], unlabeled data from their MegaStat illustration "Stats" screen input: Results: Remark: The book's interval is (500.320,626.080) Somebody is using more precision than somebody else. Excel's answer: 500.3201281 to 626.0799 But their MegaStat is an Excel add-in, so no wonder they agree. There have been mentions somewhere of Excel making changes in the interest of accuracy. Excel TINV(.05,9)= 2.2621571581736 TI-84 invT(.975,9)= 2.262157158 That's not the problem. The problem is that the MegaStat printout showed std. dev at 87.9 but the calculator used the more accurate 87.85821912