Construct a 99% confidence interval for life
expectancy of a new GE light bulb:
n = 64
Xbar = 750
s.d. = 20
Critical z value at 99% confidence = 2.576
margin of Error, E = 2.576*20/√64 = 6.44
99% confidence interval for life expectancy of a
new GE light bulb = (Xbar - E; Xbar + E) = (743.56; 756.44)