Answer:
a) Option 1 is correct.
The Student's t-distribution for 80 degrees of freedom should be used because we do not know the population standard deviation.
b) Confidence interval for the population is given as (6.27, 7.73)
c) Option 4 is correct.
We are 95% confident that the true population mean wait time at the courthouse lies within this interval.
Step-by-step explanation:
Sample Mean = 7 hours
Sample standard deviation = 3.3 hours.
Sample size = 81
To construct the confidence interval for the population mean time wasted,
Since there's no information on the population standard deviation, the t-distribution will be used.
The t-distribution is used when there is no information on the population mean or standard deviation. We then assume that the sample standard deviation is a good estimate of the population standard deviation. And that the sample mean too, is a good estimate of the population mean.
The degree of freedom for t-distribution is given as (n-1).
df = 81 - 1 = 80
Hence, the correct answer for (a) is Option 1.
The Student's t-distribution for 80 degrees of freedom should be used because we do not know the population standard deviation.
b) To construct the 95% confidence interval for the population mean time wasted
Confidence interval = (Mean) ± (Margin of error)
Mean = 7 hours
Margin of Error = (Critical value) × (Standard error)
Critical value = t-score for a significance level of (0.05/2) and a degree of freedom of 80.
Note that the significance level.is obtained by subtracting the confidence interval from 100% and dividing it by 2 to accommodate significance at the start and end of the distribution.
So, t (0.025, 80) = 1.990 (obtained from literature)
Standard error = (σ/√n) = (3.3/√81) = 0.3667
Margin of Error = (Critical value) × (Standard error)
= 1.990 × 0.3667 = 0.7297
Confidence interval = (Mean) ± (Margin of error)
= 7 ± 0.7297 = (6.2703, 7.7297) ≈ (6.27, 7.73)
c) The interpretation for confidence interval is that the range given by the confidence interval is understood to contain the true mean required (in this case, the population mean), with a certain confidence level.
So, it is clear that the right answer is "we are 95% confident that the true population mean wait time at the courthouse lies within this interval".
Hope this Helps!!!!
