document.write( "Question 266751: A state meat inspector in Iowa has been given the assignment of estimating the mean
\n" ); document.write( "net weight of packages of ground chuck labeled “3 pounds.” Of course, he realizes that
\n" ); document.write( "the weights cannot be precisely 3 pounds. A sample of 36 packages reveals the mean
\n" ); document.write( "weight to be 3.01 pounds, with a standard deviation of 0.03 pounds.
\n" ); document.write( "a. What is the estimated population mean?
\n" ); document.write( "b. Determine a 95 percent confidence interval for the population mean.\r
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Algebra.Com's Answer #195944 by stanbon(75887)\"\" \"About 
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A state meat inspector in Iowa has been given the assignment of estimating the mean
\n" ); document.write( "net weight of packages of ground chuck labeled “3 pounds.” Of course, he realizes that
\n" ); document.write( "the weights cannot be precisely 3 pounds. A sample of 36 packages reveals the mean
\n" ); document.write( "weight to be 3.01 pounds, with a standard deviation of 0.03 pounds.
\n" ); document.write( "----------------------
\n" ); document.write( "a. What is the estimated population mean?
\n" ); document.write( "Point estimate = 3.01 lbs.
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\n" ); document.write( "b. Determine a 95 percent confidence interval for the population mean.
\n" ); document.write( "sample mean = 3.01
\n" ); document.write( "E = invT(0.975,35)*0.03/sqrt(36) = 0.0102
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\n" ); document.write( "95% CI: 3.01-0.0102 < u < 3.01+0102
\n" ); document.write( "=======================================
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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