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guapka [62]
2 years ago
6

As a rule of thumb, the sampling distribution of the sample proportion can be approximated by a normal probability distribution

when _____
Mathematics
1 answer:
netineya [11]2 years ago
8 0

As a rule of thumb, when each component is selected independently from the same population, the sampling distribution of the sample percentage may be estimated by a regular probability distribution.

<h2>Why is it crucial to use the thumb rule?</h2>
  • One of our primary, simple-to-learn ways to handle complexity is the rule of thumb. Real thumb rules take into account operating, security, and financial constraints.
  • They inform us of the likely location of a practical solution. Additionally, they reveal which tactics are most prone to failure.
<h3>What is sampling distribution?</h3>
  • A statistic that is obtained by sampled data from a bigger population is known as a sampling distribution.
  • It depicts an array of potential results that may result from a statistic, such as the mean or mode of a certain parameter because there is really a population.

Therefore the main solution is- from the identical group, each component is individually chosen.

Learn more about sampling distribution here:

brainly.com/question/13501743

#SPJ4

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4 0
4 years ago
] Monica Geller, head chef at Allesandro's and is looking to update the commercial equipment in her kitchen and bar that will al
liubo4ka [24]

Answer:

The maximum amount that should be spent on the upgrade is $38,298,000.

Step-by-step explanation:

Let the initial purchase be <em>x</em>.

The ROI = 15% of <em>x</em> = 0.15<em>x</em>

At the end of 4 years, salvage value = 10% of <em>x</em> = 0.1<em>x</em>

<em />

Current income per day = $16 × 230 = $3680

Expected income per day = $21 × 245 = $5145

Increase in income per day = $5145 - $3680 = $1465

For 4 years (assuming a year is 365 days),

Increase in income = $1465 × 365 × 4 = $2138900

Maintenance and utility cost for 4 years = 4 × $56000 = $224000

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ROI = $2138900 + salvage value = $2138900 + 0.1<em>x</em> - $224000

0.15<em>x</em> = $1914900 + 0.1<em>x</em>

0.05<em>x</em> = $1914900

<em>x</em> = $38298000

5 0
3 years ago
Read 2 more answers
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