Question: Consider the margarine test described in Exercise 8-36. Compute a 99% tolerance interval on the polyunsaturated fatty acid in this particular type of margarine that
Consider the margarine test described in Exercise 8-36.
Compute a 99% tolerance interval on the polyunsaturated fatty acid in this particular type of margarine that has confi- dence level 95%. Compare the length of the tolerance inter- val with the length of the 99% CI on the population mean. Which interval is shorter? Discuss the difference in inter- pretation of these two intervals.
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