Discuss the applications of confidence interval estimation
Use the table below to answer the following question(s) .
The historical data of Velvetta Inc., a healthcare products manufacturer, have shown that in a production process for filling bottles of shampoo, variance in the volume is constant; however, clogs in the filling machine often affect the mean volume. The historical standard deviation is 5 milliliters. In filling 250-milliliter bottles, a sample of 20 found a meanvolume of 242 milliliters.
-From the table above, calculate the lower confidence interval estimate at a confidence level of 95%
A) 239.49
B) 240.16
C) 239.81
D) 240.04
Correct Answer:
Verified
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