The Greater Pittsburgh Area Chamber of Commerce wants to estimate the mean time workers who are employed in the downtown area spend getting to work. A sample of 15 workers reveals the following number of minutes spent traveling. 29 38 38 33 38 21 45 34 40 37 37 42 30 29 35 a. Develop a 95 percent confidence interval for the population mean. Interpret the result.
Sample mean
"\u03bc= \\frac{Sum \\;of\\; all \\; the \\; observations}{Number \\; of \\; observations} \\\\\n\n= \\frac{29+38+38+33+38+21+45+34+40+37+37+42+30+29+35}{15} \\\\\n\n= \\frac{526}{15} \\\\\n\n= 35.067"
Standard deviation (SD) is formulated as follows:
"SD = \\sqrt{\\frac{1}{n-1}\\sum(x_i-\u03bc)^2}"
"SD = \\sqrt{\\frac{507}{15-1}} \\\\\n\n= \\sqrt{36.21} \\\\\n\n= 6.017"
Now we will develop a 95 confidence interval.
Use the z-value for 95%: z = 1.96
Standard error is given as:
"SE = \\frac{z \\times SD}{\\sqrt{n}} \\\\\n\n= \\frac{1.96 \\times 6.017}{\\sqrt{15}} \\\\\n\n= 3.045"
Confidence interval is:
"(\u03bc-SE, \u03bc+SE) \\\\\n\n(35.067-3.045, 35.067+3.045) \\\\\n\n(32.022, 38.112)"
The mean time workers who are employed in the downtown area spend getting to work is between 32.022 and 38.112.
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