**Instructions:** This calculator computes a confidence interval for the population mean \(\mu\), in the case that the population standard deviation \(\sigma\) is known. Please type the sample mean, the population standard deviation, the sample size and the confidence level, and the confidence interval will be computed for you:

More about the *confidence intervals* so you can better interpret the results obtained by this calculator: A confidence interval is an interval (corresponding to the kind of interval estimators) that has the property that is very likely that the population parameter is contained by it (and this likelihood is measure by the confidence level). In this case the population parameter is the population mean (\(\mu\)). Confidence intervals have several properties:

- They correspond to an interval that is very likely to contain the population parameter being analyzed
- Such likelihood is measured by the confidence level, that is set at will
- The higher the confidence level, the wider the confidence interval is (if everything else is equal)
- For confidence intervals for \(\mu\), they are symmetric with respect to the sample mean, this is the sample mean is the center of the interval.

The formula for a confidence interval for the population mean \(\mu\) when the population standard deviation is known, is

\[CI = (\bar x – z_{\alpha/2} \times \frac{ \sigma }{ \sqrt n }, \bar x + z_{\alpha/2} \times \frac{\sigma}{\sqrt n })\]where the value \(z_{\alpha/2}\) is the critical z-value associated with the specified confidence level. For example, for a confidence level of 95%, we know that \(\alpha = 1 – 0.95 = 0.05\) and using a normal probability table we find that \(z_{\alpha/2} = 1.96\).

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