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The Mean Travel Time to Work Is 25

question 66

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The mean travel time to work is 25.2 minutes (U.S.Census 2010) .Further,suppose that commute time follows a log-normal distribution with a standard deviation of 10 minutes. What is the probability a randomly selected U.S.worker has a commute time of more than half an hour?

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Definitions:

Average Prices

The mean value of a set of prices, calculated by adding all the prices together and dividing by the number of prices.

Supermarket Chains

Large retail organizations that own and operate multiple supermarket outlets, offering a wide range of food and household products.

Incentive

Something that motivates or encourages an individual or group to act or perform in a certain way.

Observational Study

A research method where outcomes are observed in a natural setting without manipulation by the researcher.

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