In: Statistics and Probability
A parking officer is conducting an analysis of the amount of time left on parking meters after a motorist left a parking space. A quick survey of 15 cars that have left their metered parking spaces produced the following times (in minutes). Estimate with 95% and 80% confidence the mean amount of time left for all the vacant meters.
Data Time:
|
22 |
|
15 |
|
1 |
|
14 |
|
0 |
|
9 |
|
17 |
|
31 |
|
18 |
|
26 |
|
23 |
|
15 |
|
33 |
|
28 |
|
20 |
Data(X) = 22, 15, 1, 14, 0, 9, 17, 31, 18, 26, 23, 15, 33, 28, 20
n=15
Estimated mean =
= (
Xi)/n = 272 /15 = 18.13
Variance = {(
X^2 ) - n*
^2 }/ (n-1) = 95.124
Standard deviation, S= 9.753

N (
)

N (
0,1)
=S

t
14
= 9.753 /
= 2.518
t
/2=0.025,14 = 2.145
95% confidence interval for average act score is [
- t
/2=0.025,14 *
,
+ t
/2=0.025,14 *
]
=[18.13 - 2.145* 2.518, 18.13 + 2.145* 2.518] = [ 12.729 , 23.531] [Ans]
t
/2=0.1,14 = 1.345
80% confidence interval for average act score is [
- t
/2=0.1,14 *
,
+ t
/2=0.1,14 *
]
=[18.13 - 1.345* 2.518, 18.13 + 1.345* 2.518] = [ 14.743 , 21.517] [Ans]
Upper 95% Confidence limit = 23.531
Lower 95% Confidence limit = 12.729
95% Confidence limit is wider.
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