Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A commonly cited standard for one-way length (duration) of school bus rides for elementary school children is 30 minutes. A local government office in a

    A commonly cited standard for one-way length (duration) of school bus rides for elementary school children is 30 minutes. A local government office in a rural area randomly samples 100 elementary school children in their district and finds an average one-way commute time of 38 minutes with a standard deviation of 8 minutes.

    A 95% confidence interval calculated based on this sample is (36.4, 39.6). Which of the following is the correct interpretation of this interval?

    Options:

    • 95% of the time the elementary school children in this district commute to school in 36.4 to 39.6 minutes.
    • We are 95% confident that the average commute time of all elementary school children in this district is between 36.4 and 39.6 minutes.
    • 95% of random samples yield a sample mean between 36.4 and 39.6 minutes.
    • We are 95% confident that the average commute time of elementary school children in this sample is between 36.4 and 39.6 minutes.

Step by Step Solution

3.31 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The c... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions

Question

How do business plan for successful import and export activity?

Answered: 1 week ago

Question

Describe attribution theory. LO.1

Answered: 1 week ago

Question

Describe the different types of love outlined in Sternbergs theory.

Answered: 1 week ago

Question

Identify factors involved in interpersonal attraction.

Answered: 1 week ago