Database Reference
In-Depth Information
FIGURE 1.12
Getting speciic in using Data Analysis to ind a conidence interval.
We now get out output (our answer!) by just clicking on OK (see bent arrow in
Figure 1.12
). Drum roll please! See
Figure 1.13
.
The output has a lot of information. However, to ind the conidence interval,
only the irst value (“Mean”—in row 3, column B) and last value (conidence level
(95%)—row 16, column B). The irst value is X-bar (as we know, this is the center
of our conidence interval), and the last value (row 16) is “e” the amount we add and
subtract to X-bar (with the accompanying note that it, indeed, is a 95% conidence
interval). So, our conidence interval is calculated by some basic arithmetic:
4.333−0.414 to 4.333+0.414
or
3
.
92 −−−−−−−−−−−−−−−−−4
.
75
.
Thus, we can be
95%
conident that the interval, 3.92-4.75,
contains the true
mean satisfaction with the design
; in looser terms that may sound more satisfactory
to many people, “We have 95% conidence that the true mean satisfaction is between
3.92 and 4.75.”
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