Waiting Times You are analyzing the sample of waiting times in Exercise 23. The population standard deviation
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Waiting Times You are analyzing the sample of waiting times in Exercise 23.
The population standard deviation of the waiting times should be less than 7.9 minutes. Does the confidence interval you constructed for σ suggest that the variation in the waiting times is at an acceptable level? Explain your reasoning.
Data from Exercises 23
The waiting times (in minutes) of a random sample of 26 people at a book-signing event have a sample standard deviation of 4.9 minutes. Use a 99% level of confidence.
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Elementary Statistics Picturing The World
ISBN: 9781292260464
7th Global Edition
Authors: Betsy Farber, Ron Larson
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