Math Problem Statement

You take a random sample of 49 Toyota Tacomas. Their mean highway fuel efficiency is 20.4. From prior studies you know the population standard deviation is 0.8 mpg. The population appears to be normally distributed. If you construct a 90% confidence interval of the population mean, what is the margin of error?

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Standard Normal Distribution

Formulas

Margin of Error = z_(α/2) × (σ / √n)
Standard Error = σ / √n

Theorems

Central Limit Theorem

Suitable Grade Level

College/University Level - Introductory Statistics