A sample of 100 workers in a large plant gave a mean assembly time of 294 seconds with a standard deviation of 12 seconds in a time and motion study. Find a 95%percent confidence interval for the mean assembly time for all the workers in the plant
The confidence interval for population mean can be estimated the next way:
"x-Cr_a*{\\frac s {\\sqrt{n}}}<u<x+Cr*{\\frac s {\\sqrt{n}}}" , where x - sample mean, "Cr_a" - critical value at a confidence level, s - sample standard deviation, n - sample size, u - population mean
Since the sample size is big, we can use z-score(standard normal distribution) as critical value, so
"P(N(0,1)<Cr)=1-{\\frac a 2}=0.975\\implies Cr=1.96"
So, we have
"294-1.96*{\\frac {12} {\\sqrt{1000}}}<u<294+1.96*{\\frac {12} {\\sqrt{1000}}}\\implies293.26<u<294.74"
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