Response to the following problem:
Company manufactures fax machines, copiers, and printers that use plain paper. The CEO of the company wants the machines to handle 99.5 percent of all the paper that is used in them without the paper getting jammed. The CEO asks to determine the thickness of paper that the machines must be able to handle to achieve this target. Make sure to include appropriate confidence limits for the thickness of paper that the machines must be able to handle. Use at least one data chart, and one additional graphic to support analysis.
Thickness 0.00385, 0.00358 ,0.00372, 0.00418, 0.00380, 0.00399, 0.00424, 0.00375, 0.00449, 0.00422, 0.00407, 0.00434, 0.00381, 0.00421, 0.00397, 0.00425, 0.00449, 0.00462, 0.00467, 0.00404, 0.00391, 0.00431, 0.00398, 0.00415.