In an effort to increase public acceptance of a light rail system, the manager for City Transit

Question:

In an effort to increase public acceptance of a light rail system, the manager for City Transit Services in Seattle is interested in estimating the standard deviation for the time it takes a bus to travel between the University of Washington and the downtown bus terminal. To develop an estimate for the standard deviation, he has collected a random sample of the times required for 15 trips. The sample standard deviation is 6.2 minutes. Based on these data, what is the 90% confidence interval estimate for the true population standard deviation?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

Question Posted: