The amounts (in ounces) of randomly selected eight 16-ounce beverage cans are given below. See Attached Excel for Data. Assume that the amount of beverage in a randomly selected 16-ounce beverage can has a normal distribution. Compute a 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans and fill in the blanks appropriately. A 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans is ( , ) ounces. (round to 3 decimal places)

The question is incomplete! Complete question along with answer and step by step explanation is provided below.

Question:

The amounts (in ounces) of randomly selected eight 16-ounce beverage cans are given below.

16.5, 15.2, 15.4, 15.1, 15.3, 15.4, 16, 15.1

Assume that the amount of beverage in a randomly selected 16-ounce beverage can has a normal distribution. Compute a 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans and fill in the blanks appropriately.

A 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans is ( , ) ounces. (round to 3 decimal places)

Therefore, the 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans is (14.886, 16.113) ounces.

Step-by-step explanation:

Let us find out the mean amount of the 16-ounce beverage cans from the given data.

Using Excel,

=AVERAGE(number1, number2,....)

The mean is found to be

Let us find out the standard deviation of the 16-ounce beverage cans from the given data.

Using Excel,

=STDEV(number1, number2,....)

The standard deviation is found to be

The confidence interval is given by

Where is the sample mean and Margin of error is given by

Where n is the sample size, s is the sample standard deviation and  is the t-score corresponding to a 99% confidence level.

The t-score corresponding to a 99% confidence level is

Significance level = α = 1 - 0.99 = 0.01/2 = 0.005

Degree of freedom = n - 1 = 8 - 1 = 7

From the t-table at α = 0.005 and DoF = 7

t-score = 3.4994

So the required 99% confidence interval is

Therefore, the 99% confidence interval for the population mean amount of beverage in 16-ounce beverage cans is (14.886, 16.113) ounces.

its a straight line parallel to the time axis