The Weight of a Product Is Normally Distributed $\bar { x }$

question 6

Essay

The weight of a product is normally distributed.A sample of 50 units is taken from a batch.The sample yielded the following results: $\bar { x }$ = 75kg and s = 10kg.
-Calculate a 99 percent confidence interval for $\mu$
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Definitions:

Partnership Form

A legitimate business structure where two or more partners collaborate in managing the firm and splitting the profits.

Equity Capital

The amount of money that is invested in a company by its owners, as opposed to borrowed funds or debt.

Tax-Deductible

A portion of expenses that can be subtracted from gross income to reduce taxable income.

Discriminatory

Refers to unfair treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.