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A researcher wants to estimate the mean commute time of residents in Westchester County. The researcher samples 40 commuters and find the mean commute time to be 25 minutes. Assume the population standard deviation for commute time is 12.5 minutes. Construct a 90% confidence interval for the mean commute time of residents in Westchester County. What is the Lower Bound of the confidence interval

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Answer:

21.759

Step-by-step explanation:

Given that :

Mean (m) = 25

Standard deviation (s) = 12.5

Sample size (n) = 40

α = 90%

The confidence interval is obtained using the relation:

Mean ± Zcritical * s/sqrt(n)

Zcritical at 90% confidence interval = 1.64

25 ± 1.64 * (12.5/sqrt(40))

Lower boundary : 25 - 1.64(1.9764235) = 21.75866546

Upper boundary : 25 + 1.64(1.9764235) = 28.24133454

(21.759, 28.241)

Hence, lower bound of confidence interval is : 21.759