Answer:
And rounded up we have that n=656
Step-by-step explanation:
In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 80% of confidence, our significance level would be given by
and
. And the critical value would be given by:
Solution to the problem
The margin of error for the proportion interval is given by this formula:
(a)
Since we don't have prior info for the proportion of interest we can use
as estimator. And on this case we have that
and we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
And replacing into equation (b) the values from part a we got:
And rounded up we have that n=656
Answer:
it would be 7.80 dollars or 7.8
Step-by-step explanation:
For the first letter we have 24 choices. Since letters can't repeat the second letter has 23 choices (24 minus 1 that was used for the first slot) and the third has 22 (24 minus one for the first slot and one for the second slot).
The total number of combinations is thus: 24 x 23 x 22= 12,144