SOLUTION: A local bus services company wants to estimate the average amount of fuel used to travel between Lusaka and Solwezi. A sample of 50 trips was taken and the sample mean amount of w
Algebra.Com
Question 1076071: A local bus services company wants to estimate the average amount of fuel used to travel between Lusaka and Solwezi. A sample of 50 trips was taken and the sample mean amount of was 500 litres. If the population standard deviation is 200 litres construct the 95% confidence interval within which the population mean amount must lie.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
The standard error is sigma/sqrt(n)=200/sqrt(50)=28.3 l
The 95% CI is mean +/- 1.96*SE; we don't use the t here, because we are given the sd of the population.
That is mean +/- (1.96*28.3)=500+/-55.4 liters or (444.6, 555.4)
RELATED QUESTIONS
a local bus travels 7 mph slower than the express bus. the express travels 90 miles in... (answered by stanbon)
A local retail company wants to estimate the mean amount spent. Their budget limits the... (answered by stanbon)
Bill's car: average fuel consumption: 20 miles per gallon
Fred's car: average fuel... (answered by Alan3354)
A local retail company wants to estimate the mean amount spent. Their budget limits the... (answered by stanbon)
a local bus travels 8 mph slower than the express bus. the express bus travels 60 miles... (answered by mananth)
The Express bus travel travels at an average speed of 40 miles per hour and the local bus (answered by macston)
An oil company wants to mix two grades of rocket fuel costing $3 and $4 per... (answered by stanbon)
bus 1-8, gals used 5/8/12/15/18/20/22/25, miles driven 80/100/180/225/280/290/320/375
(answered by stanbon)
A university wants to estimate the average amount of money that students spend on... (answered by stanbon)