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Soojung Hong edited this page Jun 21, 2018
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What is Confidence Internal
A Confidence Interval is a range of values we are fairly sure our true value lies in.
We measure the heights of 40 randomly chosen men, and get a mean height of 175cm,
We also know the standard deviation of men's heights is 20cm.
The 95% Confidence Interval (we show how to calculate it later) is:
175cm ± 6.2cm
confidence interval 175 plus minus 6.2
How to calculate Confidence Internal
Step 1: find the number of samples n, calculate the mean X of those samples, and the standard deviation s
Step 2: decide what Confidence Interval we want: 95% or 99% are common choices. Then find the "Z" value for that Confidence Interval here:
Confidence
Interval Z
80% 1.282
85% 1.440
90% 1.645
95% 1.960
99% 2.576
99.5% 2.807
99.9% 3.291
Step 3: use that Z in this formula for the Confidence Interval
X ± Z(s/√n)
Where:
X is the mean
Z is the chosen Z-value from the table above
s is the standard deviation
n is the number of samples