Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that an accounting firm does a study to determine the time needed to complete one person's tax forms. It randomly surveys125people. The sample mean

Suppose that an accounting firm does a study to determine the time needed to complete one person's tax forms. It randomly surveys125people. The sample mean is23.4hours. There is a known population standard deviation of6.2hours. The population distribution is assumed to be normal.

NOTE: If you are using a Student'st-distribution, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.)

Construct a 90% confidence interval for the population mean time to complete the tax forms.

(i) State the confidence interval. (Round your answers to two decimal places.)

( , )

(ii) Sketch the graph. (Round your answers to two decimal places.)

image text in transcribed
\f

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To construct a 90 confidence interval for the population mean time to complete the tax forms we foll... 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

Elementary Statisitcs

Authors: Barry Monk

2nd edition

1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296

More Books

Students also viewed these Mathematics questions