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In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one week period. Assume the population standard deviation is 1.2 hours.
A) The standard error of the mean is
B) With a 0.95 probability, the margin of error is approximately
C) If the sample mean is 9 hours, then the 95% confidence interval is
Compute and interpret each of the statistics in parts(a) through (f) Mean and Median.
What is the possibility that for a arbitrarily selected customer the service time could exceed 3 minutes?
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