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