A random sample of 25 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The 95% confidence interval around this sample mean is

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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A random sample of 25 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The 95% confidence interval around this sample mean is

 

Expert Solution
Step 1: Given information

Given that,

Mean = 50.7

Standard deviation = 10.4

Sample size = 25

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