Examlex

Solved

The Makers of a Soft Drink Want to Identify the Average

question 113

Essay

The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken. The average age in the sample was 22.5 years with a standard deviation of 5 years. Assume the population of consumer ages is normally distributed.
a.Construct a 95% confidence interval for the average age of all the consumers.
b.Construct an 80% confidence interval for the average age of all the consumers.
c.Discuss why the 95% and 80% confidence intervals are different.


Definitions:

Self-defense

The right to use reasonable force to protect oneself or others from physical harm.

Prior Restraint

A legal measure that prohibits speech or media from being published on the basis that it is harmful, often challenging the principle of freedom of speech.

Cell Phone Conversations

Verbal communications conducted through mobile phone devices.

New York Times

An influential American newspaper known for its comprehensive news coverage and investigative journalism.

Related Questions