A Random Sample of 30 Households Was Selected from a Particular

question 12

Short Answer

A random sample of 30 households was selected from a particular neighborhood. The number of cars for each household is shown below. Estimate the mean number of cars per household for the population of households in this neighborhood. Give the 95% confidence interval.
$$\begin{array} { l l l l l l l l l l } 2 & 0 & 1 & 2 & 3 & 2 & 1 & 0 & 1 & 4 \\1 & 3 & 2 & 0 & 1 & 1 & 2 & 3 & 1 & 2 \\1 & 0 & 2 & 3 & 0 & 2 & 2 & 1 & 0 & 2\end{array}$$

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Definitions:

Straight Bill Of Lading

A document issued by a carrier that specifies the goods being transported are to be delivered to the specified party, without endorsement.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Mode Selection

The process of choosing the most appropriate method of transportation for goods based on factors such as cost, time, and product type.

Demurrage Charges

Fees charged for exceeding the allotted time for loading or unloading cargo at a port or facility.