Confidence interval for population mean of waiting times

Reference no: EM13156579

Brian Vanecek, VP of Operations at Portland Trust Bank, is evaluating the service level provided to walk-in customers. Accordingly, his staff recorded the waiting times for 64 randomly selected walk-in customers, and determined that their mean waiting time was 15 minutes and that the standard deviation was 4 minutes. The 88% confidence interval for the population mean of waiting times is?

A. 8.80 to 21.20
B. 14.33 to 15.67
C. 10.30 to 19.70
D. 14.11 to 15.89

Reference no: EM13156579

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