Q. 60
Question
60. Travel time to work A study of commuting times reports the travel times to work of a random sample of employed adults in New York State. The mean is minutes, and the standard deviation is minutes. What is the standard error of the mean? Interpret this value in context.
Step-by-Step Solution
Verified Answer
The standard error of the mean is .
1Step 1: Given information
The mean is minutes, and the standard deviation is minutes.
2Step 2: Explanation
Utilizing the formula , to determine the standard error of mean.
Where, Mean is . The Standard deviation is .
And the Sample size is .
Therefore, the standard error of the mean is .
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