Problem 1: The average diameter of pencils is normally distributed with a population standard deviation of 0.15 cm. A random sample of 25 pencils found the average diameter to be 0.95 cm.
Part A: Construct a 94% confidence interval for the population mean diameter.
Part B: Interpret the confidence interval. (1 pt)
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The normal distribution parameters are given below as :
Part A:
Mean = 0.95 cm
Stdev = 0.15 cm
n = 25
Part A:
The confidence interval of 94% is given by a Z of +/- 1.88
Mean +/- Z*stdev/sqrt(n)
= 0.95 +/- 1.88*.15/sqrt(25)
= 0.8936 to 1.0064
Part B:
IA 94% confidence interval is a range of values ( from 0.8936 to 1.0064) that you can be 94% certain contains the true mean of the population
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