Descriptive statistics in jupyter notebook

Use the link in the Jupyter Notebook activity to access your Python script. Once you have made your calculations, complete this discussion. The script will output answers to the questions given below. You must attach your Python script output as an HTML file and respond to the questions below.

In this discussion, you will apply the statistical concepts and techniques covered in this week's reading to calculate a confidence interval and perform hypothesis testing for a manufacturing process.

The manufacturing process at a factory produces ball bearings that are sold to automotive manufacturers. The factory wants to estimate the average diameter of a ball bearing that is in demand to ensure that it is manufactured within the specifications. Suppose they plan to collect a sample of 50 ball bearings and measure their diameters to construct a 90% and 99% confidence interval for the average diameter of ball bearings produced from this manufacturing process.

The sample of size 50 was generated using Python’s numpy module. This data set will be unique to you, and therefore your answers will be unique as well. Run Step 1 in the Python script to generate your unique sample data. Check to make sure your sample data is shown in your attachment.

In your initial post, address the following items. Be sure to answer the questions about both confidence intervals and hypothesis testing.

In the Python script, you calculated the sample data to construct a 90% and 99% confidence interval for the average diameter of ball bearings produced from this manufacturing process. These confidence intervals were created using the Normal distribution based on the assumption that the population standard deviation is known and the sample size is sufficiently large. Report these confidence intervals rounded to two decimal places. See Step 2 in the Python script.
Interpret both confidence intervals. Make sure to be detailed and precise in your interpretation.