Help please. ### Statistical Analysis of Candy Samples**Problem Statement:**A candy company claims that their packages contain 17% orange candies. For this exercise, we consider a sample of 400 random candies. We aim to answer the following questions:**a. Expected Sample Percentage:**- **Question:** What value should we expect for our sample percentage of orange candies?- **Solution:** We should expect **17%** of the candies in the sample to be orange. - *Input Format:* (Type an integer or a decimal.)**b. Standard Error Calculation:**- **Question:** What is the standard error?- **Formula:** Standard error (SE) can be calculated using the formula: \[ SE = \sqrt{\frac{p(1-p)}{n}} \] where \( p \) is the proportion of orange candies (0.17 in this case), and \( n \) is the sample size (400).- **Solution:** SE = **(Calculated Value)** - *Rounded to three decimal places as needed.***c. Confidence Interval Estimation:**- **Task:** Use your answers to fill in the blanks below. - We expect **17%** orange candies, give or take **(Value)** %. - *Rounded to one decimal place as needed.*This exercise highlights the application of statistical concepts in quality control and product verification based on sample analysis.

Name: Help please. ### Statistical Analysis of Candy Samples**Problem Statem
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Help please. ### Statistical Analysis of Candy Samples**Problem Statement:**A candy company claims that their packages contain 17% orange candies. For this exercise, we consider a sample of 400 random candies. We aim to answer the following questions