Help Please!
3. An exercise equipment company is producing 45 lb. weights. To ensure the quality of their weights, they randomly select 60 weights and find that the mean weight of their sample is 45.07 lbs. with a standard deviation of 0.09 lbs. Create a 95% confidence interval and interpret the answer in context.
A. (45.0509, 45.0891); The exercise equipment company can be 95% confident the population mean of their 45 lb. weights lies between 45.0509 and 45.0891 lbs.
B. (44.8423, 45.2977); The exercise equipment company can be 95% confident the population mean of their 45 lb. weights lies between 44.8423 and 45.2977 lbs.
C. (44.9772, 45.0228); The exercise equipment company can be 95% confident the population mean of their 45 lb. weights lies between 44.9772 and 45.0228 lbs.
D. (45.0472, 45.0928); The exercise equipment company can be 95% confident the population mean of their 45 lb. weights lies between 45.0472 and 45.0928 lbs.
4. Raul is analyzing a set of data he collected and creating a confidence interval. If he chose to reduce the size of the sample and increase the level of confidence, how would that affect the confidence interval? Explain.
A. The size of the confidence interval would decrease because Raul would be dividing by a larger z-score and multiplying by a smaller sample size.
B. The size of the confidence interval would increase because Raul would be dividing by a smaller z-score and multiplying a larger sample size.
C. The size of the confidence interval would increase because Raul would be multiplying by a larger z-score and dividing by a smaller sample size.
D. The size of the confidence interval would decrease because Raul would be multiplying by a smaller z-score and dividing by a smaller sample size