00:01
So in this question, we are assuming 30, in this case here, we have 30 observations, a sample of 30 observations.
00:11
And from this, we have that the sample mean is equal to 25 .63 minutes.
00:17
And that the sample standard deviation is equal to 929 minutes.
00:22
So consider these information, the question is saying that we can compute the t interval.
00:30
So the procedure is reasonably applied.
00:35
So the only thing that we need to do is know what is the formula to compute a t interval for the mean, because we are interested in the mean.
00:44
So the first thing that we need to know is the confidence level.
00:48
So we are assuming 95 % of confidence level here, which means that in the formula here we have x bar plus and minus the since you are working with a t interval, this is a little t that i'm going to explain how can we obtain this.
01:08
Multiply by this s divided by the square root of n.
01:12
This little t depends on this value here.
01:16
So t here is the value or the quantile in the t student distribution with degrees of freedom equals to n minus 1.
01:27
So in our case, the degrees of freedom is 29.
01:31
Because we want to have a 90 % confidence interval, this means that the area left to this number that we want is equal to 0 .90, 0 .9, which is the proportion related to this percentage, plus half of what is left of this.
01:51
So if i have 90%, i have 10 % left...