Question

In: Statistics and Probability

1. A city bus service claims that the time to complete the route from the zoo...

1. A city bus service claims that the time to complete the route from the zoo to City Hall never varies by more than 2.0 minutes. The times for 18 randomly chosen trips from the zoo to City Hall were recorded and gave a sample mean of 26.6 minutes with a sample standard deviation of 2.25 minutes. Find and interpret a 98% confidence interval for the population standard deviation of travel times. (State any assumptions that you need to make.)

Solutions

Expert Solution

1)

Solution :

Given that,

s = 2.25

2R = 2/2,df = 33.409

2L = 21 - /2,df = 6.408

The 98% confidence interval for is,

(n - 1)s2 / 2/2 < < (n - 1)s2 / 21 - /2

  17 * 2.25 2 / 33.409 < < 17 * 2.25 2 / 6.08

1.605 < < 3.6648

(1.605 , 3.6648)


Related Solutions

1) a) A public bus company official claims that the mean waiting time for bus number...
1) a) A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus number 14 during peak hours on 18 different occasions. Her mean waiting time was 8.2 minutes with a standard deviation of 1.6 minutes. At the 0.01 significance level, test the claim that the mean waiting time is less than 10 minutes. Use the traditional (rejection region) method of testing. b) Use the...
The Iowa City transit is considering investing into another bus to serve a new route. The...
The Iowa City transit is considering investing into another bus to serve a new route. The bus will cost $60,000 (initial investment in Yr 0). Revenues are expected to be $150,000 in the first year, and then grow by 5% each year. Costs are expected to be 80% of sales. Iowa City transit plans to operate the bus for 3 years. The project will require an immediate (Yr 0) investment of $3000 in working capital with an additional investment of...
The metropolitan bus company claims that the mean wait time for a bus during rush hour...
The metropolitan bus company claims that the mean wait time for a bus during rush hour is less than 7 minutes. A random sample of 20 waiting times has a mean of 5.6 minutes with a standard deviation of 2.1 minutes. At a= 0.01, test the bus company’s claim. Assume the distribution is normally distributed.
A bus company official claims that the mean waiting time for a bus during peak hours...
A bus company official claims that the mean waiting time for a bus during peak hours is less than 10 minutes. Karen took a bus during peak hours on 18 different occasions. Her mean waiting time was 9.1 minutes with a standard deviation of 2.1 minutes. At the 0.05 significance level, test the claim that the mean waiting time is less than 10 minutes by providing each of the following: a. the null and alternative hypothesis b. the test statistic...
The Metropolitan Bus Company claims that the mean waiting time for a bus during rush hour...
The Metropolitan Bus Company claims that the mean waiting time for a bus during rush hour is less than 10 minutes. A random sample of 20 waiting times has a mean of 8.6 minutes with a sample standard deviation of 2.1 minutes. At ? = 0.01, test the bus company's claim. Assume the distribution is normally distributed. - critical value z0 = -2.326; standardized test statistic ? -2.981; reject H0; There is sufficient evidence to support the Metropolitan Bus Company's...
A public bus company official claims that the mean waiting time for bus number 14 during...
A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Karen took bus number 14 during peek hours on 18 different occasions. Her mean waiting time was 7.6 minutes with a standard deviation of 2.3 minutes. At the 0.01 significance level, test the claim that the mean waiting time is less than 10 minutes. Use the P-value method of testing hypotheses.
The bus service the Meanwells began is the only one in their small city. We’ll also...
The bus service the Meanwells began is the only one in their small city. We’ll also assume there’s no other alternative form of public transportation. For each of the following determinants of elasticity, evaluate the price sensitivity of their bus service at a price of $3 per ride. Question 5 – Substitutability Question 6 – Need Question 7 – Proportion of Budget Question 8 – Are there any proactive steps the Meanwells might take to reduce the price sensitivity of...
A zoo receives monkeys in batches from time to time. Whenever a new batch of monkeys...
A zoo receives monkeys in batches from time to time. Whenever a new batch of monkeys arrives, the zookeeper will try to accommodate them in cages of 4 different sizes, i.e., 10-monkey cage, 5-monkey cage, 2-monkey cage, and a single-monkey cage. The zookeeper is supposed to use as few cages as possible and each cage must be full. For example, a 5-monkey cage is not allowed to accommodate only 2 monkeys. The strategy is to first pack the monkeys into...
In order to complete the service line information on claims when units of measure are involved,...
In order to complete the service line information on claims when units of measure are involved, insurance math is required. For example, this is the HCPCS description for an injection of the drug Eloxatin: J9263 oxaliplatain, 0.5 mg If the physician provided 50-mg infusion of the drug, instead of an injection, the service line is J9263 x 100 to report a unit of 50 (100 x 0.5 mg = 50). What is the unit reported for service line information if...
1. An employment information service claims the mean annual pay for full-time workers without a high...
1. An employment information service claims the mean annual pay for full-time workers without a high school diploma is less than $19,100. The annual pay for a random sample of 8 full-time non-high school graduates is listed below. Salaries for people without high school diplomas are normally distributed. Based on this information, you decide to 18,165             16,012             18,803             19,864 17,328             21,445             19,237             18,316 2. A company that makes cola drinks states that the mean caffeine content per one 12-ounce bottle...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT