Math Problem Statement

A study conducted by a commuter train transportation authority involved surveying a random sample of 200 passengers. The results show that a customer had to wait on average 9.3 minutes with a standard deviation of 6.2 minutes to buy his or her ticket. Assuming a Normal distribution, lower and upper limits of the 95% confidence interval of the true mean waiting time are respectively?

Solution

Let's solve the problem by finding the 95% confidence interval for the true mean waiting time.

Given:

  • Sample mean (xˉ\bar{x}) = 9.3 minutes
  • Standard deviation (ss) = 6.2 minutes
  • Sample size (nn) = 200 passengers
  • Confidence level = 95%

Steps:

  1. Identify the z-score for a 95% confidence level. The critical value zα/2z_{\alpha/2} for 95% confidence is approximately 1.96 (from the standard normal distribution table).

  2. Calculate the standard error (SE): SE=sn=6.22006.214.140.4383SE = \frac{s}{\sqrt{n}} = \frac{6.2}{\sqrt{200}} \approx \frac{6.2}{14.14} \approx 0.4383

  3. Compute the margin of error (ME): ME=zα/2×SE=1.96×0.43830.858ME = z_{\alpha/2} \times SE = 1.96 \times 0.4383 \approx 0.858

  4. Determine the confidence interval:

    • Lower limit = xˉME=9.30.858=8.442\bar{x} - ME = 9.3 - 0.858 = 8.442
    • Upper limit = xˉ+ME=9.3+0.858=10.158\bar{x} + ME = 9.3 + 0.858 = 10.158

Thus, the 95% confidence interval is approximately (8.4, 10.2).

The correct answer is B: 8.4 and 10.2.

Would you like more details or explanations on any part of this calculation?

Related Questions:

  1. What is the formula for calculating the confidence interval for a population mean?
  2. How do you interpret a 95% confidence interval?
  3. How does the sample size affect the width of the confidence interval?
  4. What assumptions must be satisfied to use the z-score in confidence intervals?
  5. What is the impact of changing the confidence level from 95% to 99%?

Tip:

Always ensure your sample size is large enough to assume a normal distribution when calculating confidence intervals, especially if the population standard deviation is unknown.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Interval
Normal Distribution

Formulas

Confidence interval formula for the mean: CI = x̄ ± z * (σ/√n)

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 10-12