Math Problem Statement

A delivery company provides expected time of arrival. The company wants to provide an accurate suggestion with a 90% confidence level. If the sample size is 50, the sample average is 35 minutes, the standard deviation is 10 minutes, and the z-score is 1.65, what is the standard error of the mean?

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Standard Error

Formulas

Standard Error of the Mean (SEM) = s / √n

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 10-12