Question: A survey by Accountemps asked a sample of 200 executives to provide data on the numberof minutes per day office workers waste trying to locate mislabeled, misfiled, or misplaceditems. Data consistent with this survey are contained in the data file ActTemps.
a. Use ActTemps to develop a point estimate of the number of minutes per day officeworkers waste trying to locate mislabeled, misfiled, or misplaced items.
b. What is the sample standard deviation?
c. What is the 95% confidence interval for the mean number of minutes wasted per day?