In: Statistics and Probability
A sample of 30 commuters in the area of a certain city yielded the accompanying commute times, in minutes. Preliminary data analyses indicate that the t-interval procedure can reasonably be applied. Find and interpret a 95% confidence interval for the mean commute time of all commuters in the area of the city (note: xbar = 28.20 minutes and s = 9.39 minutes)
Solution :
Given that,
= 28.20
s = 9.39
n = 30
Degrees of freedom = df = n - 1 = 30 - 1 = 29
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
t /2,df = t0.025,29 =2.045
Margin of error = E = t/2,df * (s /n)
= 2.045 * (9.39 / 30)
= 3.51
Margin of error = 3.51
The 95% confidence interval estimate of the population mean is,
- E < < + E
28.20 - 3.51 < < 28.20 + 3.51
24.69 < < 31.71
(24.69, 31.71)