The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10. Suppose a simple random sample of 50 business travelers is selected and each traveler is asked to provide a rating for the Miami International Airport. The ratings obtained from the sample of 50 business travelers follow. Click on the datafile logo to reference the data. 6 4 6 8 7 7 6 3 3 8 10 4 8 7 8 7 5 9 5 8 4 3 8 5 5 4 4 4 8 4 5 6 2 5 9 9 8 4 8 9 9 5 9 7 8 3 10 8 9 6Develop a 95% confidence interval estimate of the population mean rating for Miami.

The 95% confidence interval for the population mean rating is (5.73, 6.95).

Step-by-step explanation:

We start by calculating the mean and standard deviation of the sample:

We have to calculate a 95% confidence interval for the mean.

The population standard deviation is not known, so we have to estimate it from the sample standard deviation and use a t-students distribution to calculate the critical value.

The sample mean is M=6.34.

The sample size is N=50.

When σ is not known, s divided by the square root of N is used as an estimate of σM:

The degrees of freedom for this sample size are:

The t-value for a 95% confidence interval and 49 degrees of freedom is t=2.01.

The margin of error (MOE) can be calculated as:

Then, the lower and upper bounds of the confidence interval are:

The 95% confidence interval for the mean is (5.73, 6.95).

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step-by-step explanation:

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