8.24 The file contains the cost per ounce ($) for a sample of 14 dark chocolate bars: Source: Data extracted from “Dark Chocolate: Which Bars Are Best?” Consumer Reports, September 2007, p. 8. a. Construct a 95% confidence interval estimate for the population cost per ounce ($) of dark chocolate bars. b. What assumption do you need to make about the population distribution to construct the interval in (a)? c. Given the data presented, do you think the assumption needed in (a) is valid? Explain. 8.25 One operation of a mill is to cut pieces of steel into parts that are used in the frame for front seats in an automobile. The steel is cut with a diamond saw, and the resulting parts must be cut to be within inch of the length specified by the automobile company. The measurement reported from a sample of 100 steel parts (stored in ) is the difference, in inches, between the actual length of the steel part, as measured by a laser measurement device, and the specified length of the steel part. For example, the first observation, represents a steel part that is 0.002 inch shorter than the specified length. a. Construct a 95% confidence interval estimate for the population mean difference between the actual length of the steel part and the specified length of the steel part. b. What assumption must you make about the population distribution in order to construct the confidence interval estimate in (a)? c. Do you think that the assumption needed in order to construct the confidence interval estimate in (a) is valid? Explain. d. Compare the conclusions reached in (a) with those of Problem 2.41 on page 55. -0.002, Steel ;0.005 0.57 1.51 0.57 0.55 0.86 1.41 0.90 0.68 0.72 0.92 1.14 1.42 0.94 0.77
Solution ID:10137827 | Question answered on 16-Oct-2016
Price : $14.649999999999999
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions.
New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.