Find confidence interval-population mean sample of packages

Assignment Help Basic Statistics

Reference no: EM13150309

A state meat inspector has been given the assignment of estimating the mean net weight of packages of ground turkey labeled "3 pounds." Of course, she realizes that the weights cannot be precisely 3 pounds. She takes a sample of 36 packages, and found that the mean weight is 3.01 pounds, with a standard deviation of .03 pounds. Determine a 95% confidence interval for the population mean.

Reference no: EM13150309

Questions Cloud

Pros and cons of consolidating financial statements : Why is it important to consolidate financial statements? When should financial statements be consolidated? What are the pros and cons of consolidating financial statements? Include limitations, if any.

How would you paraphrase the definition of equilibrium price : How would you paraphrase the definition of equilibrium price?Equilibrium price occurs when supply and demand quantities meet.Equilibrium price occurs when price and demand are consistent.Equilibrium price is established when buyers' and sellers' pric..

What is the change in gdp holding everything else constant : If the tax multiplier is -1.5 and a $200 billion tax increase is implemented, what is the change in GDP, holding everything else constant?

What are the sequence of igneous processes : What are the sequence of igneous processes from which a change of mantle rock to granite containing quartz crystals occurs?

Find confidence interval-population mean sample of packages : She takes a sample of 36 packages, and found that the mean weight is 3.01 pounds, with a standard deviation of .03 pounds. Determine a 95% confidence interval for the population mean.

Traditional and just-in-time manufacturing methods : Determine the value-added, non-value-added, total lead time, and the value-added ratio under the traditional and just-in-time manufacturing methods. Round whole percentages to one decimal place.

Explain using this method how affect retailer stock control : Give an example of the type of retailer that might use this method. Explain how using this method would affect a retailer’s stock control.

Compare the magnitude of the percentage in rental on capital : Compare the magnitude of the percentage in the rental on capital with percentage change in wage in part 1. Use notation format.

Find standard deviation for the distribution for survey : A recent survey by the insurance company showed the following probabilities for the number of bedrooms in each insured home. Find the standard deviation for the distribution.

User Account

All Pages