Question 1
Paper 1Medium6 marksA parcel-delivery company defines its daily forecast error as
A random sample of 16 independent days has a mean forecast error of 18.4 parcels and a sample standard deviation of 12.0 parcels. The daily forecast errors may be modelled by a normal population, whose standard deviation is unknown.
(a)[1]
State which distribution should be used to construct a confidence interval for the population mean forecast error,
(b)[3]
Calculate a 95% confidence interval for Give both endpoints to one decimal place.
(c)[2]
The planning director claims that the forecasts are unbiased, so that Use your interval to comment on this claim and state the direction of any bias indicated.