In: Statistics and Probability
A business researcher wants to estimate the average travel time to work in Cleveland. A random sample of 45 Cleveland commuters is taken and the travel time (in minutes) to work is obtained from each. The data is shown in the table below.
27 |
25 |
19 |
21 |
24 |
27 |
29 |
34 |
18 |
29 |
16 |
28 |
20 |
32 |
27 |
28 |
22 |
20 |
14 |
15 |
29 |
28 |
29 |
33 |
16 |
29 |
28 |
28 |
27 |
23 |
27 |
20 |
27 |
25 |
21 |
18 |
26 |
14 |
23 |
27 |
27 |
21 |
25 |
28 |
30 |
____________________________ Answer
__________ < µ < _________ Answer
Part a
The random variable x is the travel time to work in Cleveland.
Part b
From given data, we have
Sample mean = Xbar = 24.5333
[By using excel or calculator]
Part c
Sample standard deviation = S = 5.1239
[By using excel or calculator]
Part d
95% Confidence interval for Population mean is given as below:
Confidence interval = Xbar ± t*S/sqrt(n)
From given data, we have
Xbar = 24.5333
S = 5.1239
n = 45
df = n – 1 = 44
Confidence level = 95%
Critical t value = 2.0154
(by using t-table)
Confidence interval = Xbar ± t*S/sqrt(n)
Confidence interval = 24.5333 ± 2.0154*5.1239/sqrt(45)
Confidence interval = 24.5333 ± 1.5394
Lower limit = 24.5333 - 1.5394 = 22.99
Upper limit = 24.5333 + 1.5394 = 26.07
Confidence interval = (22.99, 26.07)
22.99 < µ < 26.07
90% Confidence interval for Population mean is given as below:
Confidence interval = Xbar ± t*S/sqrt(n)
From given data, we have
Xbar = 24.5333
S = 5.1239
n = 45
df = n – 1 = 44
Confidence level = 90%
Critical t value = 1.6802
(by using t-table)
Confidence interval = Xbar ± t*S/sqrt(n)
Confidence interval = 24.5333 ± 1.6802*5.1239/sqrt(45)
Confidence interval = 24.5333 ± 1.2834
Lower limit = 24.5333 - 1.2834 = 23.25
Upper limit = 24.5333 + 1.2834 = 25.82
Confidence interval = (23.25, 25.82)
23.25 < µ < 25.82