The manager of a paint supply store wants to estimate the actual amount of paint contained in 1-gallon cans purchased from a nationally known manufacturer. The manufacturer's specifications state that the standard deviation of the amount of paint is equal to 0.01 gallon. A random sample of 50 cans is selected, and the sample mean amount of paint per 1-gallon can is 0.996 gallon. Complete parts (a) through (d). a. Construct a 95% confidence interval estimate for the population mean amount of paint included in a 1-gallon can. 0.99323less than or equalsmuless than or equals 0.99877 (Round to five decimal places as needed.)
b. On the basis of these results, do you think the manager has a right to complain to the manufacturer? Why? d. Construct a 90% confidence interval estimate. How does this change your answer to part (b)?
nothingless than or equalsmuless than or equals nothing (Round to five decimal places as needed.)
a) At 95% confidence interval the critical value is z* = 1.96
The 95% confidence interval is
+/- z* *
= 0.996 +/- 1.96 * 0.01/
= 0.996 +/- 0.00277
= 0.99323, 0.99877
b) Since 1, does not lie in the interval, so the manufacturer has a right to complain to the manufacturer.
c) At 90% confidence interval the critical value is z* = 1.645
The 90% confidence interval is
+/- z* *
= 0.996 +/- 1.645 * 0.01/
= 0.996 +/- 0.00233
= 0.99367, 0.99833
It doesn't change the answer to part - b. Because the interval doesn't contain 1.
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