Benjamin C. answered 05/16/23
Mathematics and Economics Tutoring
To find confidence intervals, we need to know a couple things. Firstly, what is the mean? To get the mean we add up all the data points and divide that total by the number of observations. In this case μ=30841.
Then we need to know the standard deviation, which is given in our problem at 3000 lbs.
Finally, we need to make sure that we are using a normal distrobution, there are lots of distrobutions, so we need to be careful here. Since the distrobution is normal, we can go ahead and apply our equations for z scores and confidence intervals!
Using a table (likely locaated in the back of your textbook), we can look up what value of z is equivilent to a a percentage of 98%. we use 98% because this is a two tailed interval. we have 2 percent on the right and left hand sides of the distrabution missing, so in total. 96% will be in the middle. The z score we get is 2.06..
The z score tells us how many standard deviations we need to go above and below the mean to get to that 96% in the middle of our normal distrobution.
From there we have CI= 30841 +(-) 3000*2.06.
So a 96% confidence interval for this problem is from 24661 to 37021