What is the 95% confidence interval estimate of the mean time it takes an individual to complete a federal income tax return (1 decimal)? ____ to _____ hours
What is the 95% confidence interval estimate of the mean time it takes an individual to complete a federal income tax return (1 decimal)? ____ to _____ hours
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
AARP reported on a study conducted to learn how long it takes individuals to prepare their federal income tax return (AARP Bulletin, April 2008). The data contained in the Microsoft Excel Online file below are consistent with the study results. These data provide the time in hours required for a sample of 40 individuals to complete their federal income tax returns. Assume that the population standard deviation is known to be σ = 10 hours.
Tax Prep Time (hrs) |
35.3 |
30.5 |
37.4 |
26.5 |
13 |
49.9 |
28.8 |
44 |
61.6 |
0.5 |
40.5 |
34.9 |
47.9 |
36.6 |
24.1 |
39.8 |
47.8 |
18.5 |
36.6 |
39.2 |
14.5 |
37.3 |
40.5 |
49.3 |
45.5 |
28.3 |
19.5 |
5.6 |
52.6 |
41.4 |
45.3 |
39 |
33.7 |
29.4 |
14.5 |
40.1 |
33.7 |
36.9 |
5.6 |
33.7 |
What is the 95% confidence
____ to _____ hours
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