Suppose the heights of units of product from a company follow a normal distribution with an unknown mean and standard deviation. They collect a sample of 49 units and find a sample mean height of 23.5 inches and a sample standard deviation of 2 inches. Calculate a 99.7% tolerance interval. Enter your lower bound below. Do not round your answer
Solution :
Given that,
= 23.5
s = 2
n = 49
Degrees of freedom = df = n - 1 = 49 - 1 = 48
At 99.7% confidence level the t is ,
= 1 - 99.7% = 1 - 0.997 = 0.003
/ 2 = 0.003 / 2 = 0.0015
t /2,df = t0.0015,48 =3.127
Margin of error = E = t/2,df * (s /n)
= 3.127 * (2 / 49)
= 0.9
Margin of error = 0.9
The 99.7% confidence interval estimate of the population mean is,
- E
23.5 -0.9
= 22.6
lower bound = 22.6
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