Question: Consider the margarine test described in Exercise 8-25. Compute a 99% tolerance interval on the polyunsaturated fatty acid in this particular type of margarine that

Consider the margarine test described in Exercise 8-25. Compute a 99% tolerance interval on the polyunsaturated fatty acid in this particular type of margarine that has confidence level 95%. Compare the length of the prediction interval with the length of the 99% CI on the population mean. Which interval is shorter? Discuss the difference in interpretation of these two intervals.

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