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The Business Environment and Enterprise Performance Survey (BEEPS), developed by the European Bank for Reconstruction and...

The Business Environment and Enterprise Performance Survey (BEEPS), developed by the European Bank for Reconstruction and Development and the World Bank, is a survey of more than 4,000 firms in 22 transition countries. Conducted in 2000, BEEPS gathered information on the impediments to business growth in transition countries. As part of BEEPS, firms answered the question, How many days does the preshipment inspection take from the time you submit your goods until the time they are released? For the sample of 46 exporting firms in Turkey, the sample mean was 2.8 days, and the sample standard deviation s was 3.4 days.

To develop a 99% confidence interval estimate of the mean number of days it takes for exported goods to be released in Turkey, use the ____________.

Use the Distributions tool to compute a 99% confidence interval estimate for the mean number of days it takes for exported goods to be released in Turkey.

You are confident that the mean wait time for exported goods to be released in Turkey is between __ and __ days.

Math   Statistics-And-Probability   
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