Q. 60

Question

60. Travel time to work A study of commuting times reports the travel times to work of a random sample of 20 employed adults in New York State. The mean is x¯=31.25 minutes, and the standard deviation is sx= 21.88 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 4.8925.

1Step 1: Given information

 The mean is x¯=31.25 minutes, and the standard deviation is sx= 21.88  minutes.

2Step 2: Explanation

Utilizing the formula E¯=sxn, to determine the standard error of mean.
Where, Mean x¯ is 31.25. The Standard deviation sx is 21.88.
And the Sample size n is 20.
E¯=sxn
=21.8820
=4.8925
Therefore, the standard error of the mean is 4.8925.