The distribution center manager at Internet distributor CyberAuto Warehouse wants to find a confidence interval for the
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The distribution center manager at Internet distributor CyberAuto Warehouse wants to find a confidence interval for the average time required for an associate to fill an order for shipment. A sample of 16 orders is taken and the mean time was found to be 8.5 minutes, with a standard deviation of 2.8 minutes. Compute 95 percent and 99 percent confidence intervals. Which one is larger? Explain why.
(a) T.INV.2T for t-value, 2-tailed distribution, 95% conf. | 2.131 | ||||
CONFIDENCE.T interval for Students t-distribution | 1.4920 | ||||
(b) | |||||
T.INV.2T for t-value, 2-tailed distribution, 99% conf. | 2.947 | ||||
CONFIDENCE.T interval for Students t-distribution | 2.0627 |
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An Introduction To Six Sigma And Process Improvement
ISBN: 9781133604587
2nd Edition
Authors: James R. Evans, William M. Lindsay
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