[Solution Library] Suppose your class is investigating the weights of Snickers 1-ounce fun-size candy bars to see if customers are getting full value for
Question: Suppose your class is investigating the weights of Snickers 1-ounce fun-size candy bars to see if customers are getting full value for their money. Assume that the weights are normally distributed with a population standard deviation σ = 0.005 ounces. Several candy bars are randomly selected and weighed with sensitive balances borrowed from the physics lab. The weights are:
| 0.95 | 1.02 | 0.98 | 0.97 | 1.05 | 1.01 | 0.98 | 1.00 |
Ounces. We want to determine a 90% confidence interval for the true mean, μ.
- What is the sample mean?
- Explain the meaning of the confidence interval.
- Determine the z-value. Explain in detail how you knew to use a z-value for this question?
- Find the margin of error.
- Determine the 90% confidence interval for the mean weight of the candy bars.
Deliverable: Word Document 