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Say that a supplier claims they are 99% confident that their products will be in the...

Say that a supplier claims they are 99% confident that their products will be in the interval of 50.02 to 50.38. You take samples and find that the 99% confidence interval of what they are sending is 50.00 to 50.36. What conclusion can be made?

The supplier is less accurate than they claimed

The supplier products have a lower mean than claimed

The supplier products have a higher mean than claimed

The supplier is more accurate than they claimed

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Answer #1

The margin of error is same so the supplier products have a lower mean than claimed.

Option B is correct.

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