Math Problem Statement
Solution
To calculate a 98% confidence interval for the mean time workers take to get to work, we can follow these steps:
Provided Data:
- Sample mean () = 35.06 minutes
- Sample standard deviation () = 6 minutes
- Sample size () = 15 workers
- Confidence level = 98%
Step 1: Determine the critical value ()
Since the sample size is small (), we use the Student's t-distribution. The degrees of freedom () are:
For a 98% confidence level, the area in both tails of the distribution is , meaning in each tail. Using -distribution tables or a calculator, the critical value for at 98% confidence is approximately:
Step 2: Compute the standard error (SE)
The standard error of the mean is calculated as:
Step 3: Calculate the margin of error (ME)
The margin of error is given by:
Step 4: Determine the confidence interval
The confidence interval is calculated as:
Final Result:
Thus, the 98% confidence interval for the mean time is approximately [30.995, 39.125] minutes.
Would you like me to elaborate on any part of this calculation?
5 Related Questions:
- What is the importance of using the Student's t-distribution in small samples?
- How does the confidence level affect the width of the confidence interval?
- What happens to the margin of error if the sample size increases?
- Why do we use a critical value instead of here?
- How can this confidence interval help the company make decisions about worker commuting?
Tip:
To reduce the width of a confidence interval, you can increase the sample size or reduce variability in your data.
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Math Problem Analysis
Mathematical Concepts
Confidence Interval
Statistics
Student's t-distribution
Formulas
Standard Error (SE) = s / sqrt(n)
Margin of Error (ME) = t* * SE
Confidence Interval = x̄ ± ME
Theorems
Student's t-distribution theorem
Suitable Grade Level
College-level introductory statistics or AP Statistics