Mean interval with t critical value
- Input
- Values: 1, 2, 3, 4, 5 with 95% confidence.
- Method
- Compute sample mean, standard error, t critical value, and margin of error.
- Formula
- xbar +/- t_(alpha/2, df) * s / sqrt(n)
- Intermediate steps
- xbar = 3
- s = 1.5811
- df = 4
- Final result
- The interval is centered on 3 with a margin based on df = 4.
- Interpretation
- The interval estimates plausible population-mean values under the t-interval assumptions.
- Limitation
- The interval procedure is not proof that this particular interval contains the true mean.