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15) The standard deviation of the number of Metropolitan New York Bus Authority

ID: 3133091 • Letter: 1

Question

15) The standard deviation of the number of Metropolitan New York Bus Authority busses that are being repaired on a given day is 6. The Chief Operating Officer takes a sample of 50 days and finds that the mean number of busses being repaired on each day is 82. a) What is a point estimate of the mean number of busses being repaired on each day? b) Construct a 90% CI of the mean number of busses being repaired on each day. c) Construct a 99% CI of the mean number of busses being repaired on each day.

Explanation / Answer

Confidence intervals for population mean

15) The standard deviation of the number of Metropolitan New York Bus Authority busses that are being repaired on a given day is 6. The Chief Operating Officer takes a sample of 50 days and finds that the mean number of busses being repaired on each day is 82.

a) What is a point estimate of the mean number of busses being repaired on each day?

Solution: The point estimate of the mean number of busses being repaired on each day is given as 82.

b) Construct a 90% CI of the mean number of busses being repaired on each day.

Solution: The 90% Confidence interval is given as below:

Confidence Interval Estimate for the Mean

Data

Population Standard Deviation

6

Sample Mean

82

Sample Size

50

Confidence Level

90%

Intermediate Calculations

Standard Error of the Mean

0.8485

Z Value

-1.6449

Interval Half Width

1.3957

Confidence Interval

Interval Lower Limit

80.60

Interval Upper Limit

83.40

           

c) Construct a 99% CI of the mean number of busses being repaired on each day.

Solution: The 99% confidence interval is given as below:

Confidence Interval Estimate for the Mean

Data

Population Standard Deviation

6

Sample Mean

82

Sample Size

50

Confidence Level

99%

Intermediate Calculations

Standard Error of the Mean

0.8485

Z Value

-2.5758

Interval Half Width

2.1857

Confidence Interval

Interval Lower Limit

79.81

Interval Upper Limit

84.19

Confidence Interval Estimate for the Mean

Data

Population Standard Deviation

6

Sample Mean

82

Sample Size

50

Confidence Level

90%

Intermediate Calculations

Standard Error of the Mean

0.8485

Z Value

-1.6449

Interval Half Width

1.3957

Confidence Interval

Interval Lower Limit

80.60

Interval Upper Limit

83.40

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