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on the m&ms website, the company states that 24% of the m&m candies in the plain brown bag are the color blue. The standard deviation in the factory for blue vs. not blue m&ms candies is, therefore, 0.24 0.76 0.43. Suppose you randomly selected 25 plain brown bags of m&ms. Suppose also that each bag contains exactly 58 m&m candies. For each bag, you also calculate the proportion of blue m&ms candies. How many of these bags, on average, will have a proportion of blue m&ms candies that is in the interval 24% ± 5.6%? (Hint: what is the standard error when calculated from population parameters?) The formulas to use for this problem are given in Appendix A: Review of Intro Statistics in the course overheads book. Assume you have a large sample 8,
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