Confidence Interval Formulas
For Proportion
The formula for a confidence interval for a proportion is:
Where:
- p^â = Sample proportion
- zÎą/2â = Critical value from the standard normal distribution
- n = Sample size
For Mean (Normal Distribution)
When the population standard deviation is known or the sample size is large:
Where:
- xË = Sample mean
- zÎą/2â = Critical value from the standard normal distribution
- Ī = Population standard deviation
- n = Sample size
For Mean (t-Distribution)
When the population standard deviation is unknown and the sample size is small:
Where:
- xË = Sample mean
- tÎą/2,nâ1â = Critical value from the t-distribution with n-1 degrees of freedom
- s = Sample standard deviation
- n = Sample size