Sales personnel for Skillings Distributors submit weekly reports listing the customer contacts made during the week. A sample of 65 weekly reports showed a sample mean of 17.5 customer contacts per week. The sample standard deviation was 4.2.

Required:
Provide 90%90% and 95%95% confidence intervals for the population mean number of weekly customer contacts for the sales personnel.

Respuesta :

Answer:

Since the Confidence is 0.90 or 90%, the value of [tex]\alpha=0.1[/tex] and [tex]\alpha/2 =0.05[/tex], and the critical value would be [tex]t_{\alpha/2}=1.669[/tex]

And replacing we got

[tex]17.5-1.669\frac{4.2}{\sqrt{65}}=16.63[/tex]    

[tex]17.5+1.669\frac{4.2}{\sqrt{65}}=18.37[/tex]    

For the 95% confidence the critical value is [tex]t_{\alpha/2}=1.998[/tex]

[tex]17.5-1.998\frac{4.2}{\sqrt{65}}=16.46[/tex]    

[tex]17.5+1.998\frac{4.2}{\sqrt{65}}=18.54[/tex]    

Step-by-step explanation:

Information given

[tex]\bar X¿ 17.5[/tex] represent the sample mean

[tex]\mu[/tex] population mean (variable of interest)

s¿4.2 represent the sample standard deviation

n¿65 represent the sample size  

Confidence interval

The confidence interval for the mean is given by the following formula:

[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex]   (1)

The degrees of freedom are given by:

[tex]df=n-1=65-1=64[/tex]

Since the Confidence is 0.90 or 90%, the value of [tex]\alpha=0.1[/tex] and [tex]\alpha/2 =0.05[/tex], and the critical value would be [tex]t_{\alpha/2}=1.669[/tex]

And replacing we got

[tex]17.5-1.669\frac{4.2}{\sqrt{65}}=16.63[/tex]    

[tex]17.5+1.669\frac{4.2}{\sqrt{65}}=18.37[/tex]    

For the 95% confidence the critical value is [tex]t_{\alpha/2}=1.998[/tex]

[tex]17.5-1.998\frac{4.2}{\sqrt{65}}=16.46[/tex]    

[tex]17.5+1.998\frac{4.2}{\sqrt{65}}=18.54[/tex]