Supplier claims that they are 95% confident that their products will be in the interval of 20.45 to 21.05 you take samples and find that the 95% confidence interval of what they are sending is 20.48 to 21.02 what conclusion can be made

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Question:

Supplier claims that they are 95% confident that their products will be in the interval of 20.45 to 21.05. You take samples and find that the 95% confidence interval of what they are sending is 20.48 to 21.02. What conclusion can be made?

The supplier products have a lower mean than claimed

The supplier is more accurate than they claimed

The supplier products have a higher mean than claimed

The supplier is less accurate than they have claimed

The margin of error reported by the supplier is greater as compared to the actual margin of error. A greater margin of error results in less accuracy.

Therefore, we can conclude that the supplier is less accurate than they have claimed.

Step-by-step explanation:

Supplier claims that they are 95% confident that their products will be in the interval of 20.45 to 21.05.

The mean is given by

Mean = (Upper limit + Lower limit)/2

Mean = (21.05 + 20.45)/2

Mean = (41.50)/2

Mean = 20.75

The margin of error in this case is

MoE = Upper limit - Mean

MoE = 21.05 - 20.75

MoE = 0.30

You take samples and find that the 95% confidence interval of what they are sending is 20.48 to 21.02.

The mean is given by

Mean = (Upper limit + Lower limit)/2

Mean = (21.02 + 20.48)/2

Mean = (41.50)/2

Mean = 20.75

The margin of error in this case is

MoE = Upper limit - Mean

MoE = 21.02 - 20.75

MoE = 0.27

As you can notice the margin of error reported by the supplier is greater as compared to the actual margin of error. A greater margin of error results in less accuracy.

Therefore, we can conclude that the supplier is less accurate than they have claimed.

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