Math Problem Statement
Refer to the accompanying data display that results from a simple random sample of times (minutes) between eruptions of the Old Faithful geyser. The confidence level of 95% was used. Complete parts (a) and (b) below. TInterval (85.74,91.76) x overbarequals88.75 Sxequals8.897431411 nequals36 Question content area bottom Part 1 a. Express the confidence interval in the format that uses the "less than" symbol. Round the confidence interval limits given that the original times are all rounded to one decimal place.
85.74 minless thanmuless than
91.76 min (Round to two decimal places as needed.) Part 2 b. Identify the best point estimate of mu and the margin of error. The point estimate of mu is
88.75 minutes. (Round to two decimal places as needed.) Part 3 The margin of error is Eequals
enter your response here minutes. (Round to two decimal places as needed.)
Solution
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Math Problem Analysis
Mathematical Concepts
Confidence Interval
Point Estimate
Margin of Error
Formulas
Margin of Error formula: E = Upper limit - Point estimate
Theorems
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Suitable Grade Level
Undergraduate
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