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