Question: Your bakery produces loaves of bread with "1 pound" written on the label. Here are weights of randomly sampled loaves from today's production: 1.02, 0.97, 0.98, 1.10, 1.00, 1.02, 0.98, 1.03, 1.03, 1.05, 1.02, 1.06
a. Find the 95% confidence interval for the mean weight of all loaves produced today.
b. Find the reference value for testing the average of the actual weights against the claim on the label.
c. Find the hypotheses, H0 and H1.
d. Perform the hypothesis test (two-sided, level 0.05) and report the result.
e. What error, if any, might you have committed?