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From the table below, calculate the lower confidence interval estimate at a confidence level of 95%. The historical data of Velvetta Inc., a healthcare products

From the table below, calculate the lower confidence interval estimate at a confidence level of 95%.

The historical data of Velvetta Inc., a healthcare products manufacturer, have shown that in a production process for filling bottles of shampoo, variance in the volume is constant; however, clogs in the filling machine often affect the mean volume. The historical standard deviation is 5 millilitres. In filling 250-millilitre bottles, a sample of 20 found a mean volume of 242 millilitres.

Velvetta Inc. Shampoo Production
Alpha Value 0.05
Standard Deviation 5
Sample Size 20
Sample Mean 242

A.

240.04

B.

239.81

C.

240.16

D.

239.49

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