Mathematics, 01.02.2021 20:50 kokilavani
Caviar is an expensive delicacy, so companies that package it pay very close attention to the amount of product in their tins. Suppose a company that produces over 1000 tins of caviar per day took an SRS of 20 tins from one day's production. The sample showed a mean of 99.8g of caviar per tin with a standard deviation of 0.9g. The data were roughly symmetric with no outliers.
Required:
Based on this sample, estimate with 95, percent confidence the mean amount of caviar (in grams) per tin from that day's production.
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