In: Statistics and Probability
The company manufactures chocolate bars with nominal weight of 115 g per bar. In order to to avoid risk of short changing, the mean weight is set as 117 g and SD of 2 g.
Assuming that 40 chocolate bars are selected, 97% of the sample means will be between what value? ( give the upper and lower value)
Solution:-
Given that,
mean = = 117
standard deviation = = 2
n = 40
= = 117
= / n = 2 / 40 = 0.316
Using standard normal table,
P( -z < Z < z) = 97%
= P(Z < z) - P(Z <-z ) = 0.97
= 2P(Z < z) - 1 = 0.97
= 2P(Z < z) = 1 + 0.97
= P(Z < z) = 1.97 / 2
= P(Z < z) = 0.985
= P(Z < 2.17) = 0.985
= z ± 2.17
Using z-score formula
= z * +
= -2.17 * 0.316 + 117
= 116.3
Using z-score formula
= z * +
= 2.17 * 0.316 + 117
= 117.7
A 97% value = ( 116.3, 117.7 )