In: Statistics and Probability
An analyst at Carnival Cruise Lines is interested in the time it takes for a room service order to go from time of order to time of delivery. In order to do this, she takes a sample of 49 random guests and finds that their average time to delivery was 11.2 minutes and that the sample standard deviation was 3.5 minutes. Calculate a 95% Confidence Interval around the mean.
Solution :
Given that,
= 11.2
s =3.5
n =49
Degrees of freedom = df = n - 1 = 49- 1 = 48
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2= 0.05 / 2 = 0.025
t /2,df = t0.025,48 =2.011 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.011* (3.5 / 49)
= 1.01
The 95% confidence interval estimate of the population mean is,
- E < < + E
11.2 - 1.01 < <11.2 + 1.01
10.19 < < 12.21
(10.19 , 12.21)