A consumer watchdog organization estimates the true mean

Last updated: 2/7/2023

A consumer watchdog organization estimates the true mean weight of one ounce Fun Size candy bars to see if customers are getting full value for their money A random sample of 25 bars is selected and weighed and the organization reports that a 90 confidence interval for the true mean weight of the candy bars is 0 992 to 0 998 ounces a What is the point estimate from this sample b What is the margin of error c Interpret the confidence level