In: Statistics and Probability
A random sample of 36 cups of soda dispensed from the old soda machine in the lobby had a mean amount of soda od 7 ounces. Assume that the population standard deviation is 1 ounce. a. Find the best point estimate of the amount of soda dispensed. b. Construct and interpret a 95% confidence interval for the true population mean amount of soda dispensed from the old soda machine in the lobby.
We are 95% confident that the true population mean amount of soda dispensed from the old soda machine in the lobby is from 6.67 ounces to 7.33 ounces.