Subtract the sale price from the original price then divide the difference by the original price.
Guitar 1: 160 -100 = 60
60/160 = 0.375 x 100 = 37.5%
Guitar 2: 250 - 150 = 100
100/250 = 0.4 x 100 = 40%
The answer is the second guitar has a greater percent change of approximately 40%
A 99% confidence interval for the population mean of high school students that take the bus to school every day is b) ci=(44.34%, 54.43%)
We need to find the 99% confidence interval for the population mean of high school students that take the bus to school everyday
A confidence interval is a range of estimates for an unknown parameter. The confidence interval is calculated at the specified confidence level; the most common is the 95% confidence level, but sometimes other levels are used, such as 90% or 99%.
The confidence interval of proportions is given by:
π ± z √(π (1-π) /n)
π is the sample proportion.
z is the critical value.
n is the sample size.
For 99% confidence interval the value of z is 2.58
π = 321/650
The confidence interval is given by
=321/650 ± 2.58 √( (321/650) × [ 1 - (321/650) ] ÷ 650)
= (0.493846 ± 0.050594)
=(0.4434 , 0.5443)
=(44.34 % , 54.43 %)
Hence a 99% confidence interval for the population mean of high school students that take the bus to school every day is ci=(44.34%, 54.43%)
<u>Learn more about confidence interval:</u>
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# SPJ4
Answer=18
3x4=12
12x6=72
72x1/4=18
Answer:
Step-by-step explanation:
Your exponential formula is in the form y = ab^x. In this form, the coefficient 'a' is the initial value, the y-intercept, the value when x=0. The value 'b' is the growth factor, which is 1 more than the growth rate per increment of x. This problem is asking for the growth rate to be expressed as a percentage.
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Given p(x) = 78500(1.02^x), we can compare to the exponential function form to see that ...
- a = 78,500
- b = 1.02 = 1 +0.02 = 1 +2%
The value of x is zero in the year 2000, so the population that year is ...
p(0) = a = 78,500
The increase per year is the value of 'b' with 1 subtracted:
growth rate = 2% per year
$15.69 is the answer
Subtract 2.50 from 49.57 and then divide your answer by 3
