Question
A corporation that maintains a large fleet of company cars for the use of its sales staff is interested in the mean distance driven monthly
A corporation that maintains a large fleet of company cars for the use of its sales staff is interested in the mean distance driven monthly per sales person. The following list gives the monthly distances in miles driven by a random sample of 10 sales persons.
1991, 2286, 2194, 2161, 2325, 2373, 2628, 2009, 2636, 2409
Based on this sample, find a 95% confidence interval for the mean number of miles driven monthly by members of the sales staff, assuming that monthly driving distances are normally distributed. Then find the lower limit and upper limit of the 95% confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.)
Lower limit: $_____
Upper limit: $_____
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started