Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The waiting time to place an order in a fast-food restaurant is normally distributed with a population standard deviation of 1.2 minutes. The sample mean

image text in transcribed
The waiting time to place an order in a fast-food restaurant is normally distributed with a population standard deviation of 1.2 minutes. The sample mean is 5.1 minutes from a sample of 25 orders. The following table can be used: a 96 Confidence Interval 2.12 0.1 90: 1.64 0.05 95' 1.96 (101 99? 253 a. What is the 95% condence interval estimate of the population mean waiting time to place an order? (4 Marks) b. Give a practical interpretation of the condence interval constructed in part (a). (2 Marks) What is the width of the condence interval in part (a)? (2 Marks) What is the margin of error from part (a)? (2 Marks) 9.0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Continuous Nowhere Differentiable Functions The Monsters Of Analysis

Authors: Marek Jarnicki, Peter Pflug

1st Edition

3319126709, 9783319126708

More Books

Students also viewed these Mathematics questions