Final answer:
To find a 95% confidence interval for the improvement in traffic flow due to the new system, use the mean and standard deviation of the improvements. Apply the formula: Confidence Interval = Mean Improvement ± (Critical Value × Standard Deviation / √Sample Size). Finally, calculate the upper and lower bounds.
Step-by-step explanation:
To find a 95% confidence interval for the improvement in traffic flow due to the new system, we can use the formula:
Confidence Interval = Mean Improvement ± (Critical Value × Standard Deviation / √Sample Size)
Given that the mean improvement is 654.1 vehicles per hour and the standard deviation is 311.7 vehicles per hour, we need to determine the critical value based on a 95% confidence level. The critical value for a 95% confidence level is 1.96.
Plugging in the values into the formula, we get:
Confidence Interval = 654.1 ± (1.96 × 311.7 / √50)
Simplifying the expression, we find:
Confidence Interval = 654.1 ± 87.88
Therefore, the 95% confidence interval for the improvement in traffic flow due to the new system is (566.22, 741.98) vehicles per hour.