Asked by Vanessa Rodriguez on Jun 13, 2024
Verified
Computer Services, Inc.wants to determine a confidence interval for the average CPU time of their teleprocessing transactions.A sample of 64 transactions yielded a mean of 6 seconds with a standard deviation of .8 seconds.Determine a 98% confidence interval for the average CPU time of all the teleprocessing transactions.
Teleprocessing Transactions
Transactions carried out over a telecommunications network, commonly involving data exchange between computers.
- Assemble confidence intervals for deducing population means, whether population standard deviations are identified or indeterminate.
- Engage with statistical tools or undertake manual calculations to establish confidence intervals.
Verified Answer
AE
Learning Objectives
- Assemble confidence intervals for deducing population means, whether population standard deviations are identified or indeterminate.
- Engage with statistical tools or undertake manual calculations to establish confidence intervals.