How many pieces of chocolate should they sample

Assignment Help Basic Statistics
Reference no: EM131066703

Grandma Gertrude's Chocolates, a family owned business, has an opportunity to supply its product for distribution trough a large coffee house chain. However, the coffee house chain had certain specifications regarding cacao content a it wishes to advertise the health benefits (antioxidants) of the chocolate products it sells. Past data indicate a standard deviation of 4%. If quality control inspectors wish to estimate the % cacao to within 1% of the true mean with 95% confidence, how many pieces of chocolate should they sample?

Reference no: EM131066703

Questions Cloud

Procedure for testing hypothesis : When using the six step procedure for testing hypothesis, what type of conclusion is identified when you reach the "interpret the test/result" step? Is this the method that can be used to present the results in which the test statistic disagrees ..
Developed a reputable brand in the australian markets : The company has developed a reputable brand in the Australian and New Zealand markets and is now looking for suitable acquisitions and strategic partnerships in foreign markets in order to grow their business
Average hourly wage of employees : The average hourly wage of employees of a certain company is $12.37. Assume the variable is normally distributed. If the standard deviation is $3.84, find the probability that a randomly selected employee earns less than $8.72.
How public health policy address ziki virus cases imported : We are in warm weather months, and the Aedes species mosquito could cause quite a bit of concern with the possibility of individuals contracting the Ziki virus domestically and/or internationally. Discuss your reaction to the news of risks associ..
How many pieces of chocolate should they sample : If quality control inspectors wish to estimate the % cacao to within 1% of the true mean with 95% confidence, how many pieces of chocolate should they sample?
Discuss any issues or challenges with an organization : Identify viable alternatives, and select the initial and current optimal software.
Individual driver safety records public information : Why is individual driver safety records public information? Are they public goods? Why or why not? Give an example to complete your answer?
Distribution of the number of games : If the person enters a gym-club he must pay L.E. 20 and he has to pay L.E. 10 for each game he plays. From the experience of the owner of the club he found that the distribution of the number of games played by the players was as follows:
Listing the ten different possible outcomes : By listing the ten different possible outcomes, find theprobability distribution of X assuming that boards 1 and 2 are theonly defective boards in a lot of five.

Reviews

Write a Review

Basic Statistics Questions & Answers

  What graph can i use to display the results of the

what graph can i use to display the results of the following scenario preschool students create pictures of their

  Employees voted for president bush

a. How many of the employees would you expect to have voted for President Bush? b. All of the employees indicated that they voted in the 2004 presidential election. Determine the probability of this assuming they followed the national trend. c. Ei..

  Different aspects of customer satisfaction

Are there differences in perceptions of delivery reliability between the companies who resell as a private label, manufacturer brand, or a combination of both - Has overall customer satisfaction changed since the change in ownership? And, are smal..

  If a set of observations contains an extreme value and

if a set of observations contains an extreme value and none of the observations repeat themselves the most

  Determine if the problem is either a test of hypothesis

a. Determine if the problem is either a test of hypothesis, a confidence interval or something else and specify the 'key words' found in the problem that demonstrate your choice.

  Probability revenue source comes from corporate income taxes

3% from excise taxes and 5% other. If a revenue source is selected at random, what is the probability that it comes from individual or corporate income taxes?

  What is the probability that at least one component fails

suppose a new type of artificial heart has been developed. the heart has three moving parts that are subject to

  An instant lottery scratch off game offers a 004

an instant lottery scratch off game offers a 0.04 probability of winning on any one play. plays are independent of

  If a decision maker wishes to develop a regression model in

a decision maker is considering including two additional variables into a regression model that has as the dependent

  Suppose two fair six-sided dice are tossed and the random

q1 suppose two fair six-sided dice are tossed and the random variable x is used to represent the sum of the numbers

  Describing statistical statements

Identify the population and the sample: A survey of 787 small-business managers found that 72% are optimistic about the future of their company.

  Expected cash flows of mncs

Impact of September 11 Following the terrorist attack on the United States, the valuations of many MNCs declined by more than 10 percent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd