Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36,x=0.82407 lb, s=0.00568 lb. Use a confidence level of 90% to complete parts (a) through (d) below. a. Identify the critical value to/2 used for finding the margin of error. tx/2 = (Round to two decimal places as needed.) b. Find the margin of error. E= lb (Round to five decimal places as needed.) c. Find the confidence interval estimate of μ. Ib
Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36,x=0.82407 lb, s=0.00568 lb. Use a confidence level of 90% to complete parts (a) through (d) below. a. Identify the critical value to/2 used for finding the margin of error. tx/2 = (Round to two decimal places as needed.) b. Find the margin of error. E= lb (Round to five decimal places as needed.) c. Find the confidence interval estimate of μ. Ib
Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36,x=0.82407 lb, s=0.00568 lb. Use a confidence level of 90% to complete parts (a) through (d) below. a. Identify the critical value to/2 used for finding the margin of error. tx/2 = (Round to two decimal places as needed.) b. Find the margin of error. E= lb (Round to five decimal places as needed.) c. Find the confidence interval estimate of μ. Ib
Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36,x=0.82407 lb, s=0.00568 lb. Use a confidence level of 90% to complete parts (a) through (d) below. a. Identify the critical value to/2 used for finding the margin of error. tx/2 = (Round to two decimal places as needed.) b. Find the margin of error. E= lb (Round to five decimal places as needed.) c. Find the confidence interval estimate of μ. Ib<u<{ lb (Round to five decimal places as needed.) d. Write a brief statement that interprets the confidence interval.
Transcribed Image Text:**Summary Statistics for Pepsi Can Weights**
Here are the summary statistics for the weights of Pepsi in randomly selected cans:
- Sample size (n): 36
- Mean weight (\( \bar{x} \)): 0.82407 lb
- Standard deviation (s): 0.00568 lb
Use a confidence level of 90% to complete parts (a) through (d) below.
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**a. Critical Value for Margin of Error**
Identify the critical value \( t_{\alpha/2} \) used for finding the margin of error.
\( t_{\alpha/2} = \) [ ]
*Note: Round to two decimal places as needed.*
Definition Definition Method in statistics by which an observation’s uncertainty can be quantified. The main use of interval estimating is for describing a range that is made by transforming a point estimate by determining the range of values, or interval within which the population parameter is likely to fall. This range helps in measuring its precision.
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![**Summary Statistics for Pepsi Can Weights**
Here are the summary statistics for the weights of Pepsi in randomly selected cans:
- Sample size (n): 36
- Mean weight (\( \bar{x} \)): 0.82407 lb
- Standard deviation (s): 0.00568 lb
Use a confidence level of 90% to complete parts (a) through (d) below.
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**a. Critical Value for Margin of Error**
Identify the critical value \( t_{\alpha/2} \) used for finding the margin of error.
\( t_{\alpha/2} = \) [ ]
*Note: Round to two decimal places as needed.*](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e0da0a9-20ae-48e0-aaa8-15b679eac580%2F53c89acb-cc57-4cf1-a580-62a23251948a%2Ffenazd7_processed.png&w=3840&q=75)
