Author Question: The makers of Sweet-Things candy sell their candy by the box. Based on company policy, the mean ... (Read 211 times)

jlmhmf · **on:** Jun 24, 2018

The makers of Sweet-Things candy sell their candy by the box. Based on company policy, the mean target weight of all boxes is 2.0 pounds.

To make sure that they are not putting too much in the boxes, the manager wants no more than 3 percent of all boxes to contain more than 2.10 pounds of candy. In order to do this, with a mean weight of 2 pounds, what must the standard deviation be? Assume that the box weights are normally distributed.A) Approximately 0.05 pounds
B) -0.133 pounds
C) 1.144 pounds
D) None of the above

Question 2

In estimating a population mean, a large sample size is generally preferable to a small sample size because the margin of error is generally smaller.

Indicate whether the statement is true or false