In: Statistics and Probability
A scooter company wants to determine the average amount of time it takes an adult to assemble an “easy to assemble” scooter. A sample of 49 times yielded an average time of 18.15 minutes. Assume that the assembly times are normally distributed and the population has a standard deviation of 5.39 minutes.
a) Give a point estimate for the population mean that the sample of data is taken from.
b) Find the 96% confidence interval for the mean assembly time.
Solution :
Given that,
Point estimate = sample mean = = 18.15
Population standard deviation =
=5.39
Sample size n =49
At 96% confidence level the z is
Z/2
= Z0.02 = 2.05 ( Using z table )
Margin of error = E = Z/2
* (
/
n)
= 2.05* ( 5.39 / 49
)
= 1.5785
At 96% confidence interval estimate of the population mean
is,
- E <
<
+ E
18.15 - 1.5785 <
<18.15 + 1.5785
16.5715 <
< 19.7285
( 16.5715 <, 19.7285 )