Discuss drawing inferences from large samples


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Drawing Inferences from Large Samples

I need help with details on the below problem:

The time it takes for a taxi to drive fro, the office to the airport was recorded on 40 occasions. It was found that x_bar = 47 minutes and s = 5 minutes. Give

a) An estimate of μ = population mean time to drive.

b) An approximate 95.4% error margin.

 

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Basic Statistics: Discuss drawing inferences from large samples
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