Nick C. answered 10/24/22
7-Years experienced tutor. Worked at the world's largest HF. 770 GMAT.
So, let us go over our inputs:
- n = 10
- sample mean = 48
- sample s.d. = 17
Let us first find the standard error before we construct the confidence interval:
SE = sample s.d. / sqrt (n)
SE = 17 / sqrt (10)
SE = 5.37587
Now, to construct a 95% confidence interval, we know the formula is:
sample mean ± 1.96 × standard error
48 ± 1.96 × 5.37587
48 ± 10.5367052
Thus our confidence interval is (37.4633,58.5367).