Q:

The businessman Francisco Hernández invested his capital in a fleet of 50 cars, from which he extracted a sample of 10, to determine what is the Kilometer traveled, giving an average of 150 kilometers per day, with a standard deviation of 15. Determine the confidence interval of 0.94, for the difference of the average of the kilometers of the vehicles.

Accepted Solution

A:
Lower bound: $$150-2.15\times\frac{15}{\sqrt{10}}=139.8$$ Upper bound: $$150+2.15\times\frac{15}{\sqrt{10}}=160.2$$ Interval: (139.8,160.2)