Multiple Choice: Please select the best answer and click \"submit.\" Suppose tha

Question

Multiple Choice: Please select the best answer and click "submit." Suppose that a company claims that its coffee cans contain 8.2 ounces of coffee, on average. You take many large samples, and find, each time, that the mean weight of the sample is within the 95% confidence interval. Which of the following would be a reasonable conclusion? The company's coffee cans contain 8.2 ounces of coffee, on average. The company's coffee cans contain more than 8.2 ounces of coffee, on average. The company's coffee cans contain less than 8.2 ounces of coffee, on average. The company's coffee cans do not contain 8.2 ounces of coffee, on average.

Explanation / Answer

CONFIDENCE INTERVAL MEANS a range of values so defined that there is a specified probability that the value of a parameter lies within it.

NOW ITS IS GIVEN THAT THE MEAN WEIGHT OF THE SAMPLE LIES WITHIN THE 95% SAMPLE THEN WE CAN THE CHANCES ARE HIGH THAT THE CLAIM OF THE COMPANY IS HIGHLY CORRECT.

HENCE OPTION A IS CORRECT, THE CANS WILL BE HAVING 8.2 OUNCES OF COFFEE.

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