A sample of 16 small bags of the same brand of candies was selected. Assume that the population distribution of…

A sample of 16 small bags of the same brand of candies was selected. Assume that the population distribution of bag weights is normal. The weight of each bag was then recorded. The mean weight was 2 ounces with a standard deviation of 0.12 ounces. The population standard deviation is known to be 0.1 ounce.a. Define the Random Variable X, in words.b. Which distribution should you use for this problem? Explain your choice.c. Construct a 90% confidence interval for the population average weight of the candies.d. State the confidence interval in words.e. Calculate the error bound (EBM).f. Construct a 98% confidence interval for the population average weight of the candies.g. State the confidence interval in words.h. Calculate the error bound (EBM).g. In complete sentences, explain why the confidence interval in (f) is larger than the confidence interval in (c).

 
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"

If this is not the paper you were searching for, you can order your 100% plagiarism free, professional written paper now!

Order Now Just Browsing

All of our assignments are originally produced, unique, and free of plagiarism.

Free Revisions Plagiarism Free 24x7 Support