Concept explainers
(a)
To explain can you use these data to estimate the number of loaves sold on the busiest
(a)
Answer to Problem 27RE
No, we cannotuse these data to estimate the number of loaves sold on the busiest
Explanation of Solution
It is given in the question that Clarksburg Bakery is trying to predict how many loaves of bread to bake. It is also given,
The histogram is given for the data and from this histogram, we note that
(b)
To explain why you can use these data to construct a
(b)
Explanation of Solution
It is given in the question that Clarksburg Bakery is trying to predict how many loaves of bread to bake. It is also given,
Thus, we can use these data to construct a
(c)
To calculate a
(c)
Answer to Problem 27RE
We are
Explanation of Solution
It is given in the question that Clarksburg Bakery is trying to predict how many loaves of bread to bake. It is also given,
Thus,
So, we are
(d)
To find out how many days’ data could they have used.
(d)
Answer to Problem 27RE
Explanation of Solution
It is given in the question that Clarksburg Bakery is trying to predict how many loaves of bread to bake. It is also given,
Now, if the bakery would have been satisfied with a confidence interval whose margin of error was twice as wide then, the number of days data they could use is calculated as:
So, from above we get the margin of error
Thus,
(e)
To explain does your confidence interval provide strong evidence that this estimate was incorrect.
(e)
Answer to Problem 27RE
Yes, our confidence interval provide strong evidence that this estimate was incorrect.
Explanation of Solution
It is given in the question that Clarksburg Bakery is trying to predict how many loaves of bread to bake. It is also given,
And the confidence interval is calculated as:
Chapter PVI Solutions
Stats: Modeling the World Nasta Edition Grades 9-12
Additional Math Textbook Solutions
Statistics for Business and Economics (13th Edition)
Essentials of Statistics, Books a la Carte Edition (5th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition
Elementary Statistics: Picturing the World (7th Edition)
An Introduction to Mathematical Statistics and Its Applications (6th Edition)
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