Answered: Karen wants to advertise how many…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Karen wants to advertise how many chocolate chips are in each Big Chip cookie at her bakery. She randomly selects a sample of 52 cookies and finds that the number of chocolate chips per cookie in the sample has a mean of 12.7 and a standard deviation of 2.6. What is the 99% confidence interval for the number of chocolate chips per cookie for Big Chip cookies? Enter your answers accurate to one decimal place (because the sample statistics are reported accurate to one decimal place).

? < μ < ?

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

Expert Solution

Step 1

Given:

Sample size, n = 52

Sample mean, $x$ =12.7

Standard deviation, s =2.6

For 99% confidence level:

$α = 1 - 0.99 α = 0.01$

Critical value for 99% C.I is 2.576

The formula for confidence interval is as follows:

$C . I = x \pm z_{c r i t i c a l} \times \frac{s}{\sqrt{n}}$

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