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210        Six SigMa  DemystifieD



                                 Confidence Interval on Mean



                 Standard Deviation unknown


                        Minitab

                        Menu: Stat\Basic Stats\1 Sample t

                        “Options” button: Set Confidence Level and alternative Not Equal (two-sided
                        case) or > or < (for one-sided cases).


                        Two-Sided Example at 95% Confidence

                        One-Sample T
                          N     Mean     SD      SE Mean  95% CI
                          25    25.700  1.800    0.360     (24.957, 26.443)

                        One-Sided Example at 95% Confidence
                        (Using Alternative greater than)

                        One-Sample T
                          95% Lower
                          N      Mean      SD         SE Mean    Bound
                          25     25.700    1.800      0.360      25.084
                        Excel

                        Calculate in cell using calculated values of  X , s, and n with the TINV function.
                        (Note: Excel’s TINV function assumes a two-sided case and interprets entered
                        α as α/2).

                                         Upper =  X  + TINV(α, n – 1) × s/SQRT(n)

                                         Lower =  X  – TINV(α, n – 1) × s/SQRT(n)

                        Two-Sided Example at 95% Confidence

                        Upper (results in calculated value of 26.443) = 25.7 + TINV(0.05, 24) × 1.8/SQRT(25)

                        Lower (results in calculated value of 24.957) = 25.7 – TINV(0.05, 24) × 1.8/SQRT(25)
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