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A Pet Food Producer Manufactures and Then Fills 25-Pound Bags

question 41

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A pet food producer manufactures and then fills 25-pound bags of dog food on two different production lines located in separate cities. In an effort to determine whether differences exist between the average fill rates for the two lines, a random sample of 19 bags from line 1 and a random sample of 23 bags from line 2 were recently selected. Each bag's weight was measured and the following summary measures from the samples are reported: A pet food producer manufactures and then fills 25-pound bags of dog food on two different production lines located in separate cities. In an effort to determine whether differences exist between the average fill rates for the two lines, a random sample of 19 bags from line 1 and a random sample of 23 bags from line 2 were recently selected. Each bag's weight was measured and the following summary measures from the samples are reported:   Management believes that the fill rates of the two lines are normally distributed with equal variances. Develop a 95% confidence interval estimate of the true mean difference between the two lines. A)  -0.1412 ≤ (µ1 - µ2)  ≤ -0.0912 B)  -0.0974 ≤ (µ1 - µ2)  ≤ -0.0026 C)  -0.0231 ≤ (µ1 - µ2)  ≤ -0.0069 D)  -0.0812 ≤ (µ1 - µ2)  ≤ -0.0188 Management believes that the fill rates of the two lines are normally distributed with equal variances. Develop a 95% confidence interval estimate of the true mean difference between the two lines.


Definitions:

Asset Sale

A type of business transaction where a company sells its assets, such as equipment, inventory, or real estate, rather than its stock.

Registration Statement

A set of documents, including financial statements and other significant details, filed with a regulatory body prior to issuing securities to the public.

SEC

The U.S. Securities and Exchange Commission, a federal government agency responsible for regulating the securities industry and protecting investors.

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or the rights to ownership (derivatives) that can be bought and sold.

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