Essentials Of Statistics For Business & Economics
Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 11.1, Problem 4E

Package Delivery by Drones. Amazon.com is testing the use of drones to deliver packages for same-day delivery. In order to quote narrow time windows, the variability in delivery times must be sufficiently small. Consider a sample of 24 drone deliveries with a sample variance of s2 = .81.

  1. a. Construct a 90% confidence interval estimate of the population variance for the drone delivery time.
  2. b. Construct a 90% confidence interval estimate of the population standard deviation.
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Essentials Of Statistics For Business & Economics

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