In: Statistics and Probability
An toy designer wants to determine the average time it takes to assemble an “easy-to-assemble” toy. A sample of 12 times yielded an average time of 19.92 minutes, with a sample standard deviation of 5.73 minutes. Assuming normal assembly times, provide a 95% confidence interval for the mean assembly time.
Solution :
Given that,
Point estimate = sample mean = = 19.92
sample standard deviation = s = 573
sample size = n = 12
Degrees of freedom = df = n - 1 = 12-1=11
At 95% confidence level
= 1-0.95% =1-0.95 =0.05
/2
=0.05/ 2= 0.025
t/2,df
= t0.025,11= 2.2
t /2,df = 2.2
Margin of error = E = t/2,df * (s /n)
= 2.2* (5.73 / 12)
Margin of error = E = 3.6407
The 95% confidence interval estimate of the population mean is,
- E < < + E
19.92 - 3.6407 < < 19.92 + 3.6407
16.279< < 23.561
(16.279,23.561)
A 95% confidence interval for the mean assembly time is = 16.279 and 23.561