Solution: We are given:
x bar=31.7
s = 7.3
n=20
The 95% confidence interval for the population mean is given below:
xbar +- [tex] t_{\frac{0.05}{2}} [/tex] [tex] \frac{s}{\sqrt{n}} [/tex]
31.7 +- (2.093 x [tex] \frac{7.3}{\sqrt{20}} [/tex])
31.7 +- 3.42
[31.7-3.42,31.7+3.42]
[28.28 ,35.12 ]
Therefore the 95% confidence interval for the population mean is:
28.28≤μ≤35.12
The margin of error is 3.42
There is 95% chance that the confidence interval 28.28≤μ≤35.12 contains the true population mean.