Examlex
A local company makes a candy that is supposed to weigh 1.00 ounces.A random sample of 25 pieces of candy produces a mean of 0.996 ounces with a standard deviation of 0.004 ounces.Construct a 98% confidence interval for the mean weight of all such candy.
Hypothesized Population Mean
The expected mean value of a population, proposed prior to conducting a study.
Standard Deviation
A numerical value indicating the spread of data points around the mean of the dataset.
Less Than
Less than is a mathematical term used to indicate that one quantity is smaller than another, often symbolized by "<".
Variable
Any characteristic, number, or quantity that can be measured or counted.
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