Confidence interval for the average number of chips

Assignment Help Basic Statistics
Reference no: EM131064832

In 1998 Nabiso company announced a 1000 chips challenge, claiming that every 18-oz bag of chips contained at least 1000 chocolate chips. Students purchased some randomly selected bags of cookies, and counted the chocolate chips. Some of their data are given here:

1219,1214,1087,1200,1419,1121,1325,1345,1244,1258,1356,1132,1191,1270,1295,1135

a) Check whether the conditions validating use of a one-sample t-interval to estimate the mean chip count are met(and even if you have some doubts about whether they are, go ahead with the rest of the problem. State your conclusions regarding these conditions.

b) Create a 95% confidence interval for the average number of chips.

c) Is your confidence interval at all consistent with Nabisco's advertising claim, or does it make it seem unlikely?

Reference no: EM131064832

Questions Cloud

Write an equivalent query in the relational algebra : Write an equivalent query in the relational algebra
Change the health and doctor-vising habits of individuals : HSAs are gaining in popularity as employers and insurers see them as viable options for shifting the cost of care back to patients. Do you believe that HDHP/HSA plans will change the health and doctor-vising habits of individuals? What about people's..
What is the portfolio expected return : Consider the following information about three stocks: State of Probability of Rate of Return if State Occurs Economy State of Economy Stock A Stock B Stock C Boom 0.3 0.2 0.25 0.60 Normal 0.45 0.15 0.11 0.05 Bust 0.25 0.01 -0.15 -0.50 a. What are th..
Why is self-awareness important for being a good manager : Why is self-awareness important for being a good manager? Describe some negative consequences that might result from a manager with low self-awareness.
Confidence interval for the average number of chips : Create a 95% confidence interval for the average number of chips. Is your confidence interval at all consistent with Nabisco's advertising claim, or does it make it seem unlikely
Do a simple risk calculation using the sle x aro = ale : Explain your entries. Share with your classmates two possible actions you would recommend to reduce the risk for your company. Cite your resources.
What can the sponsor expect to pay on average : 10 students receive marks of at least 75% in one or more of these classes. A sponsor gives a scholarship of $500 to anyone who receives a mark of at least 75% in all three courses. What can the sponsor expect to pay on average
What is the optimal capital structure for this firm : The cost of both depth equity and capital rise as a firm increases its reliance on one or the other. Suppose that a for-profit company has identified the following costs for debt and equity: What is the optimal capital structure for this firm?
Considering replacing the latex molding machine : The ABD company is considering replacing the latex molding machine it uses to fabricate rubber boots with a newer, more efficient model. The old machine has a book value of $450,000 and a remaining useful life of 5 years. ABD can sell it now to anoth..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Nbspfor each sample set compute its corresponding

approximate the expectation and the variance of a random variable using simulations. we are able to approximate the

  Assume that a population is normally distributed with a

assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. would it be unusual

  Least square regression model scatter diagram

Find the equation of least -squares line and plot the line on the scatter diagram of part (a)

  1 a 25 raise to 2500 per month 2 a base salary of 1000 plus

jim has been employed at gold key realty at a salary of 2000 per month during the past year. because jim is considered

  The thickness of eight pads designed for use in aircraft

the thickness of eight pads designed for use in aircraft engine mounts are measured. the measurements are 41.83 42.68

  Business planning on hypothesis testing

ABC Convenient stores uses fixed-time period model to determine order quantity for their popular chewing gum (Supergum). Daily demand for Supergum is 100 units with a standard deviation of 25 units.

  The table below represents the total number of patients who

the table below represents the total number of patients who were readmitted to critical hospital within 30 days of

  Explain likely direction-form and strengt of scatterplot

Which variable would you use as the explanatory variable and which as the response variable? Why? What would you expect to see in the scatterplot? Discuss the likely direction, form, and strength.

  Find chance that jewelry store gets exactly two sets

A jewelry store orders five sets of earrings from this supplier. If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs?

  Working as a lightsaber manufacturer

It's your first day at the Jedi Temple, working as a lightsaber manufacturer. Your first task on the job is to analyze the control and capability of this process. Your main concern is to see if the lightsabers fit within the required length specif..

  Consider the weibull distribution with shape parameter

consider the weibull distribution with shape parameter equal to 2.5 and shape rate parameter equal to 0.05a what is the

  Quasi-experimental experiment design

A psychology professor is interested in whether implementing weekly quizzes improves student learning. She decides to use the weekly quizzes in one section of her introductory psychology class and not to use them in another section of the same cou..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd