A company packages powdered soap in 6-pound boxes. The sample mean and standard | StudySoup
Probability and Statistical Inference | 9th Edition | ISBN: 9780321923271 | Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

Table of Contents

1.1
Probability
1.2
Probability
1.3
Probability
1.4
Probability
1.5
Probability

2.1
Discrete Distributions
2.2
Discrete Distributions
2.3
Discrete Distributions
2.4
Discrete Distributions
2.5
Discrete Distributions
2.6
Discrete Distributions

3.1
Continuous Distributions
3.2
Continuous Distributions
3.3
Continuous Distributions
3.4
Continuous Distributions

4.1
Bivariate Distributions
4.2
Bivariate Distributions
4.3
Bivariate Distributions
4.4
Bivariate Distributions
4.5
Bivariate Distributions

5.1
Distributions of Functions of Random Variables
5.2
Distributions of Functions of Random Variables
5.3
Distributions of Functions of Random Variables
5.4
Distributions of Functions of Random Variables
5.5
Distributions of Functions of Random Variables
5.6
Distributions of Functions of Random Variables
5.7
Distributions of Functions of Random Variables
5.8
Distributions of Functions of Random Variables
5.9
Distributions of Functions of Random Variables

6.1
Point Estimation
6.2
Point Estimation
6.3
Point Estimation
6.4
Point Estimation
6.5
Point Estimation
6.6
Point Estimation
6.7
Point Estimation
6.8
Point Estimation
6.9
Point Estimation

7.1
Interval Estimation
7.2
Interval Estimation
7.3
Interval Estimation
7.4
Interval Estimation
7.5
Interval Estimation
7.6
Interval Estimation
7.7
Interval Estimation

8.1
Tests of Statistical Hypotheses
8.2
Tests of Statistical Hypotheses
8.3
Tests of Statistical Hypotheses
8.4
Tests of Statistical Hypotheses
8.5
Tests of Statistical Hypotheses
8.6
Tests of Statistical Hypotheses
8.7
Tests of Statistical Hypotheses

9.1
More Tests
9.2
More Tests
9.3
More Tests
9.4
More Tests
9.5
More Tests
9.6
More Tests
9.7
More Tests

Textbook Solutions for Probability and Statistical Inference

Chapter 7.4 Problem 7.4-3

Question

A company packages powdered soap in 6-pound boxes. The sample mean and standard deviation of the soap in these boxes are currently 6.09 pounds and 0.02 pound, respectively. If the mean fill can be lowered by 0.01 pound, $14,000 would be saved per year. Adjustments were made in the filling equipment, but it can be assumed that the standard deviation remains unchanged. (a) How large a sample is needed so that the maximum error of the estimate of the new is = 0.001 with 90% confidence? (b) A random sample of size n = 1219 yielded x = 6.048 and s = 0.022. Calculate a 90% confidence interval for . (c) Estimate the savings per year with these new adjustments. (d) Estimate the proportion of boxes that will now weigh less than 6 pounds.

Solution

Step 1 of 4

Given:

(a) We assume that the population standard deviation  is equal to the sample standard deviation s, which is appropriate if the sample is large.

Formula sample size:

For confidence level , determine  using table , which is the -value corresponding with a probability of .

Note: We take the average of  and , because  lies exactly in the middle between  and

The sample size is then (round up to the nearest integer!):

Subscribe to view the
full solution

Title Probability and Statistical Inference  9 
Author Robert V. Hogg, Elliot Tanis, Dale Zimmerman
ISBN 9780321923271

A company packages powdered soap in 6-pound boxes. The sample mean and standard

Chapter 7.4 textbook questions

×

Login

Organize all study tools for free

Or continue with
×

Register

Sign up for access to all content on our site!

Or continue with

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back