
KIRAN B. answered 08/10/20
A Ph.D social scientist with expertise in statistics
The formula to calculate confidence interval = M ± z∗√s2/n
Given information:
- z at 98% confidence interval = 2.326
- M or mean = 98.1
- n or sample size = 97
- s or standard deviation = 0.65
Therefore, Confidence Interval = 98.1 ±2.326∗√(0.65)2/97 = or 98.1 ± 0.15
i.e., You can be 98% confident that the population mean falls between 97.95 and 98.25