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M\&Ms. In the article "Sweetening Statistics-What M\&M's Can Teach Us" (Minitab Inc., August 2008), M. Paret and E. Martz discussed several statistical analyses that they performed on bags of M\&Ms. The authors took a random sample of 30 small bags of peanut M\&Ms and obtained the following weights, in grams (g).

a. Determine a 95%lower confidence bound for the mean weight of all small bags of peanut M\&Ms. (Note: The sample mean and sample standard deviation of the data are 52.040gand 2.807grespectively.)

b. Interpret your result in pant (a).

c. According to the package, each small bag of peanut M\&Ms should weigh 49.3gComment on this specification in view of your answer to part (b) It provides equal confidence with a greater lower limit.

Part (c) Because the weight of 49.3g is below the 95% lower confidence bound.

Short Answer

Expert verified

Part (a) Interpretation: We can be 95%positive that the average person watched 4.08worth of television every day last year.

Variable
NMean
StDev
SE Mean
95% Lower Bound
TF
CI3052.04032.80860.512451.1696101.550.000

Part (b) because it provides equal confidence with a greater lower limit.

Part (c) Because the weight of 49.3g is below the 95% lower confidence bound.

Step by step solution

01

Part (a) Step 1: Given information

55.0250.7652.0857.0352.1353.51
51.3151.4646.3555.2945.5254.10
55.2950.3447.1853.7950.6851.52
50.4551.7553.6151.9751.9154.32
48.0453.3453.5055.9849.0653.92
02

Part (a) Step 2: Concept

The formula used: Lower confidence boundx¯-tα·sn

03

Part (a) Step 3: Explanation

Because the sample size is moderate (n=30), we must first evaluate the issues of normalcy and outliers. To accomplish so, we create a normal probability plot in the picture using Minitab. There are no outliers in the plot, and it follows a fairly straight path. The normal probability map shown below gives strong evidence for the population being regularly distributed. Finally, for the mean weight of all small bags of peanut M&Ms, we find a 95% lower confidence bound.

04

Part (a) Step 4: Calculation

Step1 We want a 95%lower confidence bound, so α=1-0.95=0.05For n=30, we have degrees of freedom, df=n-1=30-1=29From the t-distribution tables, tα=1.699

Step2 From step1, tα=1.699Applying the usual formulas for x¯and sto the data given in table gives x¯=52.040gand s=2.807gSo a 95%lower confidence bound for μis from

x¯-tα·sn=52.040-1.699·2.80730=52.040-0.871=51.169

95% lower confidence bound is provided by the Minitab display.

Step3 Interpretation: We may be a 95%lower certain that the average person watched4.08the worth of television each day last year, according to the related Minitab display.

05

Part (b) Step 1: Explanation

The one-sided interval does not bind μfrom above, but it still achieves 95%confidence with a lower bound that is higher. If only the lower bound μis of importance, the one-sided interval is favored since it provides equal confidence while having a larger lower limit.

06

Part (c) Step 1: Explanation

Each small bag of peanut M&Ms should weigh 49.3gaccording to the packaging. In light of the solution in part (b), the comment on this weight specification of 49.3g is not appropriate. Because the weight of 49.3g is less than the lower confidence bound of 95%

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