Question

In: Statistics and Probability

The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports....

The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10. Suppose a simple random sample of 50 business travelers is selected and each traveler is asked to provide a rating for the Miami International Airport. The ratings obtained from the sample of 50 business travelers follow. 7 7 3 8 4 4 4 5 5 5 5 4 9 10 9 9 8 10 4 5 4 10 10 10 11 4 9 7 5 4 4 5 5 4 3 10 10 4 4 8 7 7 4 9 5 9 4 4 4 4 Develop a 95% confidence interval estimate of the population mean rating for Miami. Round your answers to two decimal places. ( , )

Solutions

Expert Solution

Values ( X ) Σ ( Xi- X̅ )2
7 0.5476
7 0.5476
3 10.6276
8 3.0276
4 5.1076
4 5.1076
4 5.1076
5 1.5876
5 1.5876
5 1.5876
5 1.5876
4 5.1076
9 7.5076
10 13.9876
9 7.5076
9 7.5076
8 3.0276
10 13.9876
4 5.1076
5 1.5876
4 5.1076
10 13.9876
10 13.9876
10 13.9876
11 22.4676
4 5.1076
9 7.5076
7 0.5476
5 1.5876
4 5.1076
4 5.1076
5 1.5876
5 1.5876
4 5.1076
3 10.6276
10 13.9876
10 13.9876
4 5.1076
4 5.1076
8 3.0276
7 0.5476
7 0.5476
4 5.1076
9 7.5076
5 1.5876
9 7.5076
4 5.1076
4 5.1076
4 5.1076
4 5.1076
Total 313 299.62

Mean X̅ = Σ Xi / n
X̅ = 313 / 50 = 6.26
Sample Standard deviation SX = √ ( (Xi - X̅ )2 / n - 1 )
SX = √ ( 299.62 / 50 -1 ) = 2.4728

Confidence Interval
X̅ ± t(α/2, n-1) S/√(n)
t(α/2, n-1) = t(0.05 /2, 50- 1 ) = 2.01 ( Critical value from t table )
6.26 ± t(0.05/2, 50 -1) * 2.4728/√(50)
Lower Limit = 6.26 - t(0.05/2, 50 -1) 2.4728/√(50)
Lower Limit = 5.56
Upper Limit = 6.26 + t(0.05/2, 50 -1) 2.4728/√(50)
Upper Limit = 6.96
95% Confidence interval is ( 5.56 , 6.96 )



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