Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Get timely and accurate answers to your questions from our dedicated community of experts who are here to help you.
The value of 27 is within 95% confidence interval because it is greater than 26.7 and less than 29.3.
In statistics, a confidence interval is a range to estimate for unknown terms.
The most common level is the 95% confidence interval.
It can be calculated by
CI = Mean ± margin of error.
α = 1 - 0.95 = 0.05
α/2 = 0.025
z(0.025) = 1.96
We need to find the [tex]\frac{\sigma}{\sqrt{n} }[/tex]
[tex]\frac{5}{\sqrt{60} }[/tex] = 0.645
So,
[tex]z \times \frac{\sigma}{\sqrt{n} }[/tex] = 1.96 × 0.645
CI =1.26
C.I= 28±1.2652
Upper limit = 28+1.2652
=29.2625
Lower limit =28-1.2652
=26.7348
Hence, The value of 27 is within 95% confidence interval because it is greater than 26.7 and less than 29.3.
Learn more about confidence intervals;
https://brainly.com/question/12899226