Question
Due to customer complaints, a manufacturer of tortilla chips sends a researcher to 5 randomly chosen stores to test the percentage of chips that are
Due to customer complaints, a manufacturer of tortilla chips sends a researcher to 5 randomly chosen stores to test the percentage of chips that are broken in 5 randomly chosen bags of chips. The researcher found that 23% of the 800 chips tested were broken. The researcher calculated the 95% confidence interval to go from 20% to 26%.
Decide which of the following statements are accurate.
Select one or more:
a.
The Standard Error for confidence interval is 3%.
b.
23% Represents a Sample Statistic
c.
23% represents a population parameter
d.
The Margin of Error for confidence interval is 3%.
e.
Weexpect that 95% of the bags of chips made by this manufacturer will have between 20% and 26% broken chips.
f.
Weare 95% certain that the actual (average) percentage of broken tortilla chips in bags made by this manufacturer is between 20% and 26%.
g. Approximately 20% to 26% of allbags of chips made by this manufacturer contain broken tortilla chips
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started