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Tom Hanks, Human Resources Manager with ANZ bank, is reviewing the employee training programs of ANZ branches. His staff randomly selected personnel files for 100 tellers in the Southern Region and determined that their mean training time was 25 hours. Assume that the population standard deviation is 5 hours. The 95% confidence interval for the population mean of training times is ________.
Options
A.13 to 23
B.0
C.24.02 to 25.98
D.24.18 to 25.82
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Step-by-Step Analysis
We’re given a sample mean of 25 hours, a population standard deviation of 5 hours, and a sample size of 100. The task is to form a 95% confidence interval for the population mean.
First, recall the formula for a z-based confidence interval when the population standard deviation is known: mean ± z*(sigma/√n).
Compute the standard error: sigma/√n = 5/√100 = 5/10 = 0.5.
Determine the z-value for 95% ......Login to view full explanationLog in for full answers
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