Question: It is known that X has a uniform distribution with =0.7 minutes and =0.25 minutes. Suppose a random sample of 49 people is selected and

It is known that X has a uniform distribution

It is known that X has a uniform distribution with =0.7 minutes and =0.25 minutes. Suppose a random sample of 49 people is selected and the observed sample mean, x=0.67 Question 7 ( 2 points) State the margin of error, m, for the 95% confidence interval for , the mean waiting time in minutes. Round to 2 decimals. A. State the 95% confidence interval for using interval notation (parentheses & a comma; NO SPACES). Round to 2 decimals. 42 seconds is a plausible mean elevator wait time for 49 people. Be careful the confidence interval in #7 is an estimate for the wait time in minutes. True False

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