Subway Waiting Time at a Subway Station the Waiting Time

question 127

Essay

Subway Waiting Time At a subway station the waiting time for a subway is found to be uniformly distributed between 1 and 5 minutes. {Subway Waiting Time Narrative} What is the median waiting time for this subway?

Understand and apply the plus four method for estimating proportion and standard errors.

Determine the P-value for hypothesis tests concerning proportions.

Understand how sample size affects confidence intervals.

Conduct hypothesis tests concerning differences in proportions and interpret the results.

---

Definitions:

Average Tax Rate

The proportion of total income paid in taxes, calculated by dividing the total tax amount by the taxable income.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, representing the increment in tax paid for an increment in income.

City Wage Tax

A local tax imposed on individuals who work in a city, calculated as a percentage of their wages or salaries.

Proportional

Describes a relationship where changes in one variable cause changes in another variable at a constant ratio or rate.