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Old 04-29-2008, 05:12 PM
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Applied Statistics in Business and Economics?

Question 1. A random sample of 10 miniature Tootsie Rolls was taken from a bag. Each piece was weighed on a very accurate scale. The results in grams were 3.087 3.131 3.241 3.241 3.270 3.353 3.400 3.411 3.437 3.477

(a) Construct a 90 percent confidence interval for the true mean weight. (b) What sample size would be necessary to estimate the true weight with an error of ± 0.03 grams with 90 percent confidence
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