In: Statistics and Probability
A random sample of 31 ice cream cones from McDonald's was weighted, the sample mean weight was 3.5 ounces with a standard deviation of 0.75 ounces. Construct a 99% confidence interval to estimate the overall mean weight of McDonald's ice cream cones. (Round your intermediate steps to 4 decimal places, and final answer to 2 decimal places) (10 points)
solution
Given that,
= 3.5
s =0.75
n = 31
Degrees of freedom = df = n - 1 =31 - 1 =30
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2 df = t0.005,30 = 2.750 ( using student t table)
Margin of error = E = t/2,df * (s /n)
= 2.750* ( 0.75/ 31) = 0.37
The 99% confidence interval estimate of the population mean is,
- E < < + E
3.5 - 0.37< <3.5 + 0.37
3.13< <3.87
( 3.13,3.87 )