Answer:
The lower confidence limit of 99% confidence interval for the mean breaking strength of the briefcases produced today would be equal to 331.09 pounds.
Explanation:
Lower limit of confidence interval = mean - Error margin (E)
mean = 341.0 pounds
sd = 21.5 pounds
n = 35
degree of freedom = n - 1 = 35 - 1 = 34
confidence level = 99%
t-value corresponding to 34 degrees of freedom and 99% confidence level is 2.728
E = t × sd/√n = 2.728 × 21.5/√35 = 9.91 pounds
Lower limit = 341.0 - 9.91 = 331.09 pounds