Questions: Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36, x̄=0.82411 lb, s=0.00567 lb. Use a confidence level of 95% to complete parts (a) through (d) below. a. Identify the critical value t(α / 2) used for finding the margin of error. To determine the critical value t(α / 2), first determine the value of α for a 95% confidence level. α= (Type an integer or a decimal. Do not round.)

Here are summary statistics for the weights of Pepsi in randomly selected cans: n=36, x̄=0.82411 lb, s=0.00567 lb. Use a confidence level of 95% to complete parts (a) through (d) below.
a. Identify the critical value t(α / 2) used for finding the margin of error.

To determine the critical value t(α / 2), first determine the value of α for a 95% confidence level.

α=

(Type an integer or a decimal. Do not round.)
Transcript text: Here are summary statistics for the weights of Pepsi in randomly selected cans: $n=36, \bar{x}=0.82411 \mathrm{lb}$, $\mathrm{s}=0.00567 \mathrm{lb}$. Use a confidence level of $95 \%$ to complete parts (a) through (d) below. a. Identify the critical value $\mathrm{t}_{\alpha / 2}$ used for finding the margin of error. To determine the critical value $\mathrm{t}_{\alpha / 2}$, first determine the value of $\alpha$ for a $95 \%$ confidence level. \[ \alpha= \] (Type an integer or a decimal. Do not round.)
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Solution

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Solution Steps

Step 1: Determine \( \alpha \)

For a confidence level of \( 95\% \), we calculate \( \alpha \) as follows: \[ \alpha = 1 - 0.95 = 0.05 \]

Step 2: Identify the Critical Value \( t_{\alpha/2} \)

Using the calculated \( \alpha \), the critical value \( t_{\alpha/2} \) is determined. For a \( 95\% \) confidence level, the critical value is: \[ t_{\alpha/2} \approx 1.96 \]

Step 3: Calculate the Margin of Error

The margin of error \( E \) is calculated using the formula: \[ E = z \cdot \frac{s}{\sqrt{n}} \] Substituting the values: \[ E = 1.96 \cdot \frac{0.00567}{\sqrt{36}} \approx 0.0019 \]

Step 4: Calculate the Confidence Interval

The confidence interval for the mean is given by: \[ \bar{x} \pm E \] Substituting the sample mean \( \bar{x} = 0.8241 \) and the margin of error \( E \): \[ 0.8241 \pm 0.0019 \] This results in the confidence interval: \[ (0.8223, 0.826) \]

Final Answer

The critical value \( t_{\alpha/2} \) is approximately \( 1.96 \), the margin of error is \( 0.0019 \), and the confidence interval is \( (0.8223, 0.826) \).

\[ \boxed{t_{\alpha/2} \approx 1.96, \quad E \approx 0.0019, \quad \text{Confidence Interval: } (0.8223, 0.826)} \]

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