Question

In: Statistics and Probability

A sample of   10   small bags of the same brand of candies was selected. Assume that...

A sample of   10   small bags of the same brand of candies was selected. Assume that the population distribution of bag weights is normal. The weight of each bag was then recorded. The mean weight was   2   ounces with a sample standard deviation   s=0.2   ounces. We would like to calculate an 80% confidence interval for the average weight of a sample of size   10 .

  1. (3%) standard error   =   



  2. (3%) The critical   t   value for an 80% confidence interval is

    tcrit=   




  3. (3%)   EBM=   



  4. (3%) An   80%   confidence interval for the population average weight of the candies is from

       to   

Solutions

Expert Solution

Mean = 2

Sample size (n) = 10

Standard deviation (s) = 0.2

a)


b)

Confidence interval(in %) = 80

Degree of freedom = n - 1 = 9

c)

d)

Required confidence interval

Required confidence interval = (2.0-0.0875, 2.0+0.0875)

Required confidence interval = (1.9125, 2.0875)

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