A random sample of 5 homes in Newberry, Florida had a mean of $169,900 and a standard deviation of $21,756. Construct a 95% confidence interval for the average home of this size in Newberry.
A. (144885.25, 194914.75).
B. (150440.842, 189359.16).
C. (150830, 188969.98).
D. (142886, 196914).

Answers

Answer 1

Answer:

D. (142886, 196914).

Step-by-step explanation:

To solve for this question, we would use t score instead of z score. The reason is because, our sample size is small.

The formula for Confidence Interval =

C.I = Mean ± t score × standard deviation/√n

n = 5 samples

Degrees of freedom = n - 1 = 5 - 1 = 4

The t score for a 95% confidence interval with degrees of freedom 5 is : 2.776

Hence,

Confidence Interval =

169,900 ± 2.776 × 21,756/√5

169,900 ± 2.776 × 9.7295789837

169, 900 ± 27009.311259

Confidence Interval

169,900 - 27009

= 142886

169, 900 + 27009.311259

= 196914

Hence, the confidence interval = (142886, 196914)

Option D is the correct answer

Answer 2

Using the t-distribution, it is found that the 95% confidence interval for the average price of a home of this size in Newberry is of (142886, 196914), given by option D.

In this problem, we have the standard deviation for the sample, thus, the t-distribution is used to solve this question.

The sample mean is [tex]\overline{x} = 169900[/tex].The sample standard deviation is [tex]s = 21756[/tex].The sample size is [tex]n = 5[/tex]

First, we find the number of degrees of freedom, which is the sample size subtracted by 1, so df = 5 - 1 = 4.

Then, we find the critical value for the 95% confidence interval with 4 df, which looking at the t-table or using a calculator is given by t = 2.7765.

The margin of error is:

[tex]M = t\frac{s}{\sqrt{n}}[/tex]

In this case:

[tex]M = 2.7765\frac{21756}{\sqrt{5}} = 27014[/tex]

The confidence interval is:

[tex]\overline{x} \pm M[/tex]

Then

[tex]\overline{x} - M = 169900 - 27014 = 142,886[/tex].

[tex]\overline{x} + M = 169900 + 27014 = 196,914[/tex].

Thus, the correct option is D. (142886, 196914).

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Which graph shows a proportional relationship between the number of hours of renting a boat and the total amount spent to rent the boat?

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Answer:

Its B

Step-by-step explanation:

Which point represents the value of –(–2) on the number line? A number line has points A, negative 3, B, blank, 0, blank, C, 3, D. Point A Point B Point C Point D

Answers

Answer:

it is C

Step-by-step explanation:

The point that represents the value of -(-2) is point C.

Option C is the correct answer.

We have,

The value of –(–2) is equivalent to 2.

On the number line, the point that represents the value of –(–2) is Point C, which is located at position 2.

This is because when we negate a negative number, it becomes positive.

Therefore, –(–2) is equal to 2.

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Find the minimum sample size you should use to assure that your estimate of pÌ will be within the required margin of error around the population p. Assume the Margin of error is 0.08 with a confidence level of 95%. From a prior study, pÌ is estimated to be 0.2.

Answers

Answer:

The minimum sample size required is 97.

Step-by-step explanation:

The (1 - α)% confidence interval for the population proportion is:

[tex]CI=\hat p\pm z_{\alpha/2}\cdot\sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

The margin of error for this confidence interval is:

[tex]MOE=z_{\alpha/2}\cdot\sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

The information provided is:

[tex]\hat p=0.20\\MOE=0.08\\\text{Confidence level}=95\%[/tex]

The critical value of z for 95% confidence level is, z = 1.96.

Compute the minimum sample size required as follows:

[tex]MOE=z_{\alpha/2}\cdot\sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

[tex]n=[\frac{z_{\alpha/2}\cdot\sqrt{\hat p(1-\hat p)}}{MOE}]^{2}\\\\=[\frac{1.96\times \sqrt{0.20(1-0.20)}}{0.08}]^{2}\\\\=96.04\\\\\approx 97[/tex]

Thus, the minimum sample size required is 97.

6. What is the equation in slope-intercept form for the graph shown?
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Answers

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Step-by-step explanation:

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Answer:

c = 7

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Terms in this set (7)
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The difference in y-values between the coordinates of two points on a line is called the Rise.

The difference in y-values between the coordinates of two points on a line is called the rise or vertical rise. Or The rise is the vertical distance between the two points, which is the difference between their y-coordinates.

The difference in the x-values of two points on a line is called the run.

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Step-by-step explanation:


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Answers

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Step-by-step explanation:

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Moses is solving the problem below.

A box of spaghetti at the grocery store is purchased for $1.60 wholesale and is marked up by 60 percent. Then, the store marks down the item by 20 percent. A customer wants to buy three boxes of spaghetti. How much will the customer pay, including paying 8 percent sales tax? Round your answer to the nearest cent.

Look at the table below.

Steps
Moses’s work
Step 1
1 dollar and 60 cents (1.6) = 2 dollars and 56 cents
Step 2
2 dollars and 56 cents (0.80) = 2 dollars and 5 cents
Step 3
2 dollars and 5 cents (3) = 8 dollars and 20 cents
Step 4
8 dollars and 20 cents (1.08) = 8 dollars and 86 cents

In which step did Moses first make a mistake in his work?
Step 1
Step 2
Step 3
Step 4

Answers

Answer:

2.21184 or 2.212

Step-by-step explanation:

step 1: 1 dollar and 60 cents (1.6) = 2 dollars and 56 cents is false

Answer:

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Step-by-step explanation:

I took a quiz and got it right

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Step-by-step explanation:

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Step-by-step explanation:

Answer:

8<2x

Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

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What are the solutions to the quadratic equation 4(x + 2)2 = 36 x = −11 and x = 7 x = −7 and x = 11 x = −5 and x = 1 x = −1 and x = 5

Answers

Answer:

c

Step-by-step explanation:

edge2020

The solutions to the quadratic equation 4(x + 2)² = 36 is x = -5 and x = 1.

Hence, option c) x = -5 and x = 1 is the correct answer.

What is a Quadratic Equation?

Quadratic equation is simply an algebraic expression of the second degree in x. Quadratic equation in its standard form is;

ax² + bx + c = 0

Where x is the unknown

To solve for x, we use the quadratic formula

x = (-b±√(b² - 4ac)) / (2a)

Given that;

4(x + 2)² = 36

4( x(x + 2) + 2(x+2) ) = 36

4( x² + 2x + 2x + 4 ) = 36

4( x² + 4x + 4 ) = 36

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4x² + 16x + 16 - 36 = 0

4x² + 16x - 20 = 0

We can further simply ( divide through by 4 )

x² + 4x - 5 = 0

Hence,

a = 1b = 4c = -5

x = (-b±√(b² - 4ac)) / (2a)

x = (-4±√(4² - (4 × 1 × -5)) / (2×1)

x = (-4±√(16 - (-20)) / (2)

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x = (-4±√(36)) / 2

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Hence

x = (-4-6)) / 2 and x = (-4+6)) / 2

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The solutions to the quadratic equation 4(x + 2)² = 36 is x = -5 and x = 1.

Hence, option c) x = -5 and x = 1 is the correct answer.

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Suppose a life insurance company sells a ​$190,000 ​one-year term life insurance policy to a 19​-year-old female for ​$290. The probability that the female survives the year is 0.999563. Compute and interpret the expected value of this policy to the insurance company.

Answers

Answer:

The expected value of this policy to the insurance company is $206.97

Step-by-step explanation:

Probability that Person doesn't die = 0.999563. Profit = Revenue - Cost; Profit = $290 - 0 = $290

Probability that Person dies = 1 - 0.999563 = 0.000437. Profit = Revenue - Cost; Profit = $290 - $190,000 = -$189,710

Expected Value E(X) = ∑xp(x)

E(X) = $290*(0.999563) + (-$189,710* 0.000437)

E(X) = $289.87327 - $82.90327

E(X) = $206.97

Thus, the expected value of this policy to the insurance company is $206.97

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Select the correct answer.
The number of days, d, it will take Manny to read a book varles inversely as the number of pages, p, he reads per day. If kis the constant of
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OA. d+p=k
OB. dp = k
OC. d= pk
OD. d=p+k

Answers

I Believe B , If It’s Wrong I’m Sorry

The equation represents this situation will be dp = k. Thus, option B is correct.

What is directly proportional?

Let there are two variables p and q

Then, p and q are said to be directly proportional to each other if

p = kq

where k is some constant number called constant of proportionality.

The inversely proportional relationship is denoted by

[tex]m \propto \dfrac{1}{n} \\\\ \text{or} \\\\n \propto \dfrac{1}{m}[/tex]

As visible, increasing one variable will decrease the other variable if both are inversely proportional.

The number of days, d, it will take Manny to read a book varies inversely as the number of pages, p, he reads per day.

If k is the constant of variation.

The equation represents this situation will be

dp = k

Thus, option B is correct.

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GIVING BRAINLIEST QUESTION IS ON THE PICTURE

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Answer:

The first one

Step-by-step explanation:

Answer:

A.

Step-by-step explanation:

On a number line, -35 is closer to 0 than -40.

The laptop was marked down from $895 to $720

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that’s a good deal if i do say so myself.
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