The population mean can be estimated from a sample group with Z-score if either the standard deviation of the corresponding population is known or the sample size is large.
1. An analyst collected a simple random sample of n = 36 customers from a population of students of age 12, which gives the sample mean height of students as 125cm. It is known that the population standard deviation of height of students is 24cm.
a) Construct a 99 percent confidence interval for the population mean μ.
b) To interpret the interval, the analyst states that he has 99 percent confidence that the population mean height of students is between 114.7cm to 135.3cm. Explain the meaning of this statement.
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