The new management team of a company with 200 staff members wants to know the efficiency of its staff members. They randomly select 50 staff members and observe them for a period of time and note that their daily average working hour is 7 hours. If previous research in the field of Human Resources show that the standard deviation of the number of hours that people work is half an hour, construct a 95% confidence interval for the average number of hours that the companies staff member work per day. Please include confidence interval formula that you use for your calculations

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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The new management team of a company with 200 staff members wants to know
the efficiency of its staff members. They randomly select 50 staff members and observe them
for a period of time and note that their daily average working hour is 7 hours. If previous
research in the field of Human Resources show that the standard deviation of the number of
hours that people work is half an hour, construct a 95% confidence interval for the average
number of hours that the companies staff member work per day. Please include confidence interval formula that you use for your calculations 

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