In: Statistics and Probability
Suppose the mean wait time for a bus is 30 minutes and the standard deviation is 10 minutes. Take a sample of size n = 100.
Find the probability that the sample mean wait time is more than 31 minutes.
Solution :
Given that,
mean =
= 30
standard deviation =
=10
n=100
=
=30
=
/
n = 10 /
100 = 10/10=1
P( > 31) = 1 - P(
< 31)
= 1 - P[(
-
) /
< (31 - 30) /1 ]
= 1 - P(z < 1)
Using z table
= 1 - 0.8413
probability= 0.1587