T-interval

A t-interval is a confidence interval for a mean that uses a critical value from the t-distribution because the population standard deviation is unknown.

Estimating the spread from the sample adds uncertainty, which makes the reference curve heavier in the tails than the normal curve, so tt^* is always larger than the matching zz^*. The interval is xˉ±tsn\bar{x} \pm t^*\frac{s}{\sqrt{n}}, where x-bar is the sample mean, s is the sample standard deviation, and the degrees of freedom are n1n - 1. For example, with x-bar = 50, s = 8, and n = 16, the standard error is 8/16=28/\sqrt{16} = 2 and t=2.131t^* = 2.131 at 95% confidence with 15 degrees of freedom, giving 50±4.26250 \pm 4.262, or 45.74 to 54.26. As n grows the t-distribution approaches the normal curve, so the two intervals nearly agree for large samples.

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