An automobile insurance company wants to estimate the mean time workers who are employed in the downtown
Question:
An automobile insurance company wants to estimate the mean time workers who are employed in the downtown office spend getting to work. A sample of 15 workers reveals the following number of minutes travelled:
Develop a 98% confidence interval for the population mean. Interpret the result.
Transcribed Image Text:
33 29 38 34 38 38 21 45 29 30 40 37 37 42 35
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Between 3...View the full answer
Answered By
Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
Question Posted:
Students also viewed these Mathematics questions
-
A life insurance company wants to estimate the probability that a 60-year-old American who smokes will die in the next year. Describe the research and the calculations that would need to be performed...
-
An insurance company wants to estimate the premium to be charged for a $200,000 homeowner's policy that covers fire, theft, vandalism, and natural calamities. Flood and earthquakes are not covered....
-
Suppose a large insurance company wants to estimate the difference between the average amount of term life insurance purchased per family and the average amount of whole life insurance purchased per...
-
Need help with the incorrectanswer. I have tried 6,750, 81,000, and 0, but all areincorrect. Exercise 4-23 (Algorithmic) (LO. 4) Casper and Cecile divorced in 2018. As part of the divorce settlement,...
-
Calculate the molecular mass or formula mass (in amu) of each of the following substances: (a) CH4, (b) NO2, (c) SO3, (d) C6H6, (e) NaI, (f) K2SO4, (g) Ca3 (PO4)2.
-
The mineral spodumene has the empirical formula LiAlSi 2 O 6 . Given that the percentage of lithium-6 atoms in naturally occuring lithium is 7.40%, how many lithium-6 atoms are present in a 518 g...
-
I spent time with you. It seems that this deed is out of character for you. You were not awarded your normal annual bonus. I would probably feel the same. Is that what happened? You normally wouldnt...
-
1. Sheldon Cooper and Amy Farrah live in Pasadena, California; have as a new investment goal to create a college fund for their newborn daughter. They estimate that they will need $200,000 in 18...
-
Define the general - purpose financial statements and points out the limitation of such statements.
-
1. What are some of the things managers can learn by walking around and having daily contact with line employees that they might not be able to learn from looking at data and reports? 2. As an...
-
Taylor Industries and Caldwell Securities are considering jointly offering child care for their employees. As a part of the feasibility study, they wish to estimate the mean weekly child care cost of...
-
Out of a sample of 200 students, 75 indicated that they preferred chocolate ice cream to vanilla ice cream. a. Estimate the value of the population proportion of those who preferred chocolate ice...
-
A city orders a new computer for its General Fund at an anticipated cost of $88,000. Its actual cost when received is $89,400. Payment is subsequently made. Give all required journal entries for...
-
A piece of pollen typically has both a small mass (about 5 ng) and a small amount of charge (about 1 fC). Estimate the electric field that a honeybee needs to create to carry a typical piece of...
-
Barnhart's mud racing career was cut short due to friction. I use the term "career" loosely as it was only two races, neither of which I was able to fully complete due to getting stuck. Suppose that...
-
A small charge of 6.00 nC is moved from a position with an electric potential of 350 V to a position with an electric potential of 650 V. Based on the above information, the electric potential...
-
1. A pancake body rotates about a fixed origin. Relative to that origin, a point A at ra = a on the object has instantaneous velocity A = Voy. At the same instant, a point B at FB = a has...
-
amplitude then Three simple harmonic motions in the same direction having the same and same period are superposed. If each differ in phase from the next by 45", a) find the resultant amplitude. b)...
-
Which of the following individuals are required to file a 2015 Federal income tax return? Should any of these individuals file a return even if filing is not required? Why or why not? a. Patricia,...
-
A Alkynes can be made by dehydrohalogenation of vinylic halides in a reaction that is essentially an E2 process. In studying the stereochemistry of this elimination, it was found that...
-
Drug Use. The U.S. Substance Abuse and Mental Health Services Administration collects and publishes data on nonmedical drug use, by type of drug and age group, in National Survey on Drug Use and...
-
Dow Jones Industrial Averages. The following table provides the closing values of the Dow Jones Industrial Averages as of the end of December for the years 20002008....
-
The Music People Buy. Results of monthly telephone surveys yielded the percentage estimates of all music expenditures shown in the following table. These statistics were published in 2007 Consumer...
-
Given the info below answer the question Inventory 12/31/25 $60,100 Cost of Goods Sold $221,463 Common Stock 74,510 Selling Expenses 15,783 Retained Earnings 45,810 Administrative Expenses 37,696...
-
Greyson Construction has the following account balances at the end of the e year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Balances $24,500...
-
A. Determine the internal forces at sections C, D1 and D2 2kN/m k 2m C 4m Figure 2 e=0.2m 8kN B D D 2m B. Construct bending moment diagram of the beam shown in figures 15kN 4kN/m B D F E (1) (2)...
Finite Element Analysis Theory And Application With ANSYS 4th Edition - ISBN: 0133790797 - Free Book
Study smarter with the SolutionInn App