In: Statistics and Probability
1) suppose average pizza delivery times are normally distributed
with an unknown population
mean and a population standard deviation of 6 minutes. A random
sample of 28 pizza delivery
restaurants is taken and has a sample mean delivery time of 36
minutes. Find a 90% confidence
interval estimate for the population mean delivery time.
Solution :
Given that,
Point estimate = sample mean = = 36
Population standard deviation =
= 6
Sample size = n =28
At 90% confidence level the z is
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
Z/2 = Z0.05 = 1.645 ( Using z table )
Margin of error = E = Z/2
* (
/n)
= 1.645* ( 6 / 28
)
= 1.865
At 90% confidence interval estimate of the population mean
is,
- E <
<
+ E
36-1.865 <
< 36+ 1.865
34.135 <
< 37.865