Question

In: Economics

A snack food producer sells bags labeled as “12 ounces” of its “Cheesy Chips.”

A snack food producer sells bags labeled as “12 ounces” of its “Cheesy Chips.” Due to natural variations in the creation of these chips, the weight of Cheesy Chips in each bag is a random variable that follows a normal distribution with a mean of 12.02 ounces and a standard deviation of 0.16 ounces.

  1. Find the probability that a randomly selected bag of Cheesy Chips will weigh less than 11.8 ounces. (5 points)

b. A random sample of 15 bags of Cheesy Chips has a mean weight of 11.8 ounces. What is the probability of a random sample of 15 bags of Cheesy Chips averaging less than 11.8 ounces occurring? (5 points)

c. How do your answers differ for parts a and b and why did you get such different answers for a and b?

Solutions

Expert Solution

a) P(x < 11.8)

= P[(x - ) / < (11.8 - 12.02) / 0.16]

= P(z < -1.375)

Using z table,

= 0.0846

b) = 12.02

n = 0.16 / 15

P( < 11.8) = P(( - ) / < (11.8 - 12.02) / 0.16 / 15 )

= P(z < -5.32)

Using z table

= 0

c) A sample size is larger in part (b), so standard deviation is smaller in part (b), so probability is smaller than part (a).


Related Solutions

Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack...
Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack items each year, had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-enter all the data into another spreadsheet, which would serve as the company’s monthly profit-and-loss statement....
Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack...
Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack items each year, had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and reenter all the data into another spreadsheet, which would serve as the company’s monthly profit-and-loss statement....
Bags of potato chips have a mean weight of 6 ounces with a standard deviation of...
Bags of potato chips have a mean weight of 6 ounces with a standard deviation of 0.2 ounces. There are 100 bags of potato chips in a box. (i) What is the probability that the total weight of the 100 bags is greater than 603 ounces? (ii) A potato chip factory produces 1000 boxes of potato chips. What is the probability that more than 70 of these boxes contain more than 603 ounces of potato chips?
Do people eat more of a snack food when the food is labeled as low-fat? Do...
Do people eat more of a snack food when the food is labeled as low-fat? Do people pay attention to serving size? The answer may depend on whether the snack food is labelled low-fat and whether the label includes serving-size information. A study investigated these two questions using staff, grad students, and undergrad students at a large university as subjects.    Subjects were asked to evaluate a pilot episode for an upcoming TV show at a theater on campus and...
A local chip manufacturer distributes chips in bags labeled as 150g. A group of consumers believe...
A local chip manufacturer distributes chips in bags labeled as 150g. A group of consumers believe they are being cheated. They run a test on 32 bags, measures their contents, and obtains a sample mean of 145 grams with a standard deviation of 6 ounces. Use a 0.01 significance level to test the consumer's claim that the company is cheating its customers.
The weights of 40 bags of sugar from a certain producer, labeled as containing 1 kg...
The weights of 40 bags of sugar from a certain producer, labeled as containing 1 kg each, were measured. The sample mean weight of the bags of sugar was 1.0042 kg, and the sample standard deviation was 0.042 kg. (a) Calculate the value of the estimated standard error of the sample mean (b) Calculate a 99% confidence interval for the population mean weight of bags of sugar labeled 1 kg from this producer. Interpret the confidence interval in terms of...
a food snack manufacturer samples 13 bags of pretzels off the assembly line and weighs their...
a food snack manufacturer samples 13 bags of pretzels off the assembly line and weighs their contents. If the sample mean is 13.7 oz and the sample standard deviation is 0.05 oz find the 95% confidence interval true mean. a. (13.4, 14.0) b. (11.0, 16.0) c. (11.4, 16.4) d. (12.4, 15.0)
A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram), and...
A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram), and listed here as follows. 219, 226, 217, 224, 223, 216, 221, 228, 215, 229, 225, 229 Find a 95% confidence interval for the mean mass of bags of Calbie Chips. Find a 95% confidence interval for the mean mass of bags of Calbie Chips (b) Professor GeniusAtCalculus has two lecture sections (A and B) of the same 4th year Advanced Calculus (AMA 4301) course...
(a) A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram),...
(a) A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram), and listed here as follows. [9 marks] 219, 226, 217, 224, 223, 216, 221, 228, 215, 229, 225, 229 Find a 95% confidence interval for the mean mass of bags of Calbie Chips. (b) Professor GeniusAtCalculus has two lecture sections (A and B) of the same 4th year Advanced Calculus (AMA 4301) course in Semester 2. She wants to investigate whether section A students...
5. (a)A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram),...
5. (a)A sample of 12 of bags of Calbie Chips were weighed (to the nearest gram), and listed, here as follows. 219, 226, 217, 224, 223, 216, 221, 228, 215, 229, 225, 229 Find a 95% confidence interval for the mean mass of bags of Calbie Chips. [9 marks] (b) Professor GeniusAtCalculus has two lecture sections (A and B) of the same 4th year Advanced Calculus (AMA 4301) course in Semester 2. She wants to investigate whether section A students...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT