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World Bank, is a survey of more than 4,000 firms in 22 transition countries. Conducted in 2000, BEEPS gathered information on the impediments to business
World Bank, is a survey of more than 4,000 firms in 22 transition countries. Conducted in 2000, BEEPS gathered information on the impediments to business growth in transition countries. As part of BEEPS, firms that import goods answered the question, "How many days does it take from the time your goods arrive in their port of entry until the time you can claim them from customs?" For the sample of 37 importing firms in Moldova, the sample mean x was 9.3 days, and the sample standard deviation s was 12.6 days. The standard deviation of the population is unknown, but a histogram of the sample data suggests that the population is not extremely nonnormal. To develop a 99% confidence interval estimate of the mean number of days it takes for imported goods to clear customs in Moldova, use the Use the Distributions tool to compute a 99% confidence interval estimate for the mean number of days it takes for imported goods to clear customs in Moldova. Select a Distribution Distributions 0 1 2 You are 99% confident that the mean wait time for imported goods to clear customs in Moldova is between LCL = and UCL = days
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