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A group of engineers developed a new design for a steel cable. They need to estimate...

A group of engineers developed a new design for a steel cable. They need to estimate the amount of weight the cable can hold. The weight limit will be reported on cable packaging. The engineers take a random sample of 48 cables and apply weights to each of them until they break. The 48 cables have a mean breaking weight of 773.7 lb. The standard deviation of the breaking weight for the sample is 15.8 lb.

Find the 99% confidence interval to estimate the mean breaking weight for this type cable.

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Your answer should be to 2 decimal places.

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