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Home > Statistics Every Writer Should Know > The Stats Board > Discusssion
Please help.. 55 assembly workers are a random sample from population. What is population mean wage of active (mean 28772.25,sd 6302.) and terminated workers (mean 41616.04, sd 4670.) need 95% confidence. Thanks for any suggestions
READERS RESPOND: Re: Please help.. This question requires a lot of clarification before a meaningful comment can be made.
Re: Please help.. the population mean of yearly salary wage for active versus the same for terminated workers. What is not clear is if the sample size that determined the avg & stddev. for terminated workers is also 55 (the sample size for the active workers). The other thing that is unclear is if the population is known to follow a normal distribution. So I will assume this is the case for both of my unknowns described above. In which case, this is a straight-forward application of doing a 95% CI about the mean for a large sample (n>30) which is: avg. +/- Z*(stdev/sqrt(n)) which for 95% the Z value is 1.96. So for active workers you have $28,772.25 +/- 1.96*(6302/sqrt(55)) - you do the math from here (assuming you understand +/- means you get an upper and a lower limit, hence the confidence interval). Apply the same formulat to the terminated data to obtain its interval.
Re: Please help..
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