A website advertises job openings on its website, but job seekers have to pay to access the list of job openings. The website recently completed a survey to estimate the number of days it takes to find a new job using its service. It took the last 39 customers an average of 80 days to find a job. Assume the population standard deviation is 10 days. Construct a 95% confidence interval of the population mean number of days it takes to find a job.
a [60.8400, 99.1600]
b [76.3485, 83.6515]
c [76.8610, 83.1390]
d [77.4366, 82.5634]
Given that, sample size (n) = 39, sample mean = 80 days and
population standard deviation = 10 days
A 95% confidence level has significance level of 0.05 and critical value is,
The 95% confidence interval for the population mean is,
Therefore, required confidence interval is, (76.8615, 83.1385)
Answer : c) [ 76.8610, 83.1390 ]
Note : if we rounded to three decimal places then we will get required answer.
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