Confidence Intervals
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EXAMPLE
Data from the National Fire Protection Association gives a sample f 7 homes with a sample mean 704.14 and a sample standard deviation f 1610.3. Find the 99% confidence interval for the mean number of home fires started by candles each year.
Step 1:
Collect all of the relevant information
Step 2:
Find the degrees of freedom
Step 3:
Find the
Step 4:
Plug into our formula