Grandma Gertrude's Chocolates, a Family Owned Business, Has an Opportunity

Essay

Grandma Gertrude's Chocolates, a family owned business, has an opportunity to
supply its product for distribution through a large coffee house chain. However, the
coffee house chain has certain specifications regarding cacao content as it wishes to
advertise the health benefits (antioxidants) of the chocolate products it sells. In order to
determine the mean % cacao in its dark chocolate products, quality inspectors sample 36
pieces. They find a sample mean of 55% with a standard deviation of 4%.
A. Describe the sampling distribution for the sample mean.
b. What is the standard error?
c. What is the margin of error for 90% confidence?
d. What is the margin of error for 95% confidence?
e. Based on the sample results, find the 90% confidence interval and interpret.
f. Based on the sample results, find the 95% confidence interval and interpret.
g. For a more accurate determination of the mean weight, the quality control inspectors
wish to estimate it within 1% with 95% confidence. How many pieces of dark chocolate
should they sample?