Question
1. The operations manager of Wonji sugar factory wants to estimate the average size of an order received. An order is measured in the number
1.The operations manager of Wonji sugar factory wants to estimate the average size of an order received. An order is measured in the number of Quintalsshipped. A random sample of 87 orders from customers had a sample mean value of 131Quintals. Assume that the population standard deviation is 25 Quintals and that order size is normally distributed.
a.Estimate, with 90% confidence, the mean size of orders received from all customers.
b.If the sugar factory receives 720 orders this year, calculate, with 90% confidence, the total number of Quintals of sugar that they will ship during the year.
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