Math Problem Statement
The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10. Suppose a simple random sample of 50 business travelers is selected and each traveler is asked to provide a rating for the Miami International Airport. The ratings obtained from the sample of 50 business travelers follow. 5, 8, 7, 6, 9, 9, 5, 9, 10, 9, 7, 5, 2, 2, 2, 2, 2, 10, 2, 10, 2, 2, 7, 7, 2, 7, 7, 10, 7, 6, 6, 2, 7, 9, 2, 2, 7, 8, 10, 6, 7, 10, 8, 6, 6, 9, 2, 7, 2, 6 Develop a 95% confidence interval estimate of the population mean rating for Miami. Round your answers to two decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Sample Mean
t-Distribution
Formulas
Sample mean: \(\bar{x} = \frac{\sum x_i}{n}\)
Sample standard deviation: \(s = \sqrt{\frac{\sum (x_i - \bar{x})^2}{n - 1}}\)
Margin of Error: \(\text{ME} = t_{0.025, 49} \times \frac{s}{\sqrt{n}}\)
Confidence Interval: \(\text{CI} = (\bar{x} - \text{ME}, \bar{x} + \text{ME})\)
Theorems
Central Limit Theorem
t-Distribution Theorem
Suitable Grade Level
Undergraduate
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