Math Problem Statement

The logistics company mentioned earlier has been collecting data on the delivery times for a specific route. A sample of 500 delivery times was taken, and the sample mean was found to be 90 minutes, with a sample standard deviation of 15 minutes. Assume that the delivery times are normally distributed. A-)Calculate a 95% Confidence Interval for the Mean Delivery Time. answer this with standard normal didtribution table

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Normal Distribution

Formulas

CI = X̄ ± Zα/2 * (s / √n)
Standard Error (SE) = s / √n

Theorems

Central Limit Theorem

Suitable Grade Level

College Level Statistics or Advanced High School