Math Problem Statement
Solution
To solve this problem, we’ll calculate a 99% confidence interval for the mean number of chocolate chips per Big Chip cookie.
Given Information:
- Sample size
- Sample mean
- Sample standard deviation
- Confidence level = 99%
Step 1: Determine the Z-score
For a 99% confidence level, we look up the Z-score that corresponds to the 0.5% (0.005) in each tail, which is approximately .
Step 2: Calculate the Standard Error
Step 3: Calculate the Margin of Error
Step 4: Calculate the Confidence Interval
Answer
The 99% confidence interval for the number of chocolate chips per cookie is:
Would you like a deeper explanation on any part of this?
- How is the Z-score determined for different confidence levels?
- What does the standard error represent in confidence intervals?
- Why do we use a Z-score rather than a t-score in this case?
- How would the interval change if the confidence level were 95% instead of 99%?
- How does sample size affect the confidence interval width?
Tip: Increasing the confidence level will make the interval wider, capturing a broader range of possible values for the mean.
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Math Problem Analysis
Mathematical Concepts
Confidence Interval
Normal Distribution
Statistics
Sampling Distribution
Formulas
Standard Error (SE) = s / sqrt(n)
Margin of Error = Z * SE
Confidence Interval = [mean - Margin of Error, mean + Margin of Error]
Theorems
Central Limit Theorem (used to justify normal distribution of sample mean for large samples)
Suitable Grade Level
College Statistics
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