A machine produces ball bearings with diameter of 2.5 inches. It is known that the standard deviation of the ball bearings is 0.005 inches. A sample of 100 ball bearings is selected and average diameter is found to 0.498 inches. Determine the 99 per cent confidence interval.
99% confidence interval="\\bar x \u00b1z_{\\frac{\\alpha}{2}}\\frac {\\sigma} {\\sqrt n}"
"=0.498 \u00b12.58*\\frac {0.005}{\\sqrt {100}}"
=(0.4967,0.4993)
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