Efficient manufacturing: Efficiency experts study the processes used to manufacture items in order to make them as efficient as possible. One of the steps used to manufacture a metal clamp involves the drilling of three holes. In a sample of 75 clamps, the mean time to complete this step was 56.8 seconds. Assume that the population standard deviation is =σ 10 seconds. Round the critical value to no less than three decimal places.
(a) Construct a 99% confidence interval for the mean time needed to complete this step. Round the answer to at least one decimal place.
Solution :
Given that,
Sample size = n = 75
Z/2 = 2.576
Margin of error = E = Z/2* ( /n)
= 2.576 * (10 / 75)
Margin of error = E = 3.0
At 99% confidence interval estimate of the population mean is,
- E < < + E
56.8 - 3.0 < < 56.8 + 3.0
53.8 < < 59.8
( 53.8,59.8)
99% confidence interval for the mean is
( 53.8 , 59.8 )
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