In: Statistics and Probability
A study on highway safety studied the driving habits of individuals. A sample of 78 cars travelling on the highway revealed an average speed of 94 kph with a standard deviation of 29.9 kph. Determine the 95% confidence interval for the mean speed of all cars (kph), if it is known that speed is normally distributed. Give the upper limit only (in kph) correct to three decimal places.
We have given that,
Sample mean =94
Sample standard deviation =29.9
Sample size =78
Level of significance=0.05
Degree of freedom =77
t critical value is (by using t table)=
1.99
Confidence interval formula is
=(87.259,100.741)
Upper confidence limit= 100.741