C=48y+0.99n solve for y

Mathematics

1 answer:

Ne4ueva [31]3 years ago

4 0

Answer:

y = (C -0.99n)/48

Step-by-step explanation:

Undo what is done to y, in the reverse order. We have y multiplied by 48 then added to 0.99n. So, we must add the opposite of 0.99n and multiply that result by the reciprocal of 48.

C = 48y + 0.99n . . . . . . given

C - 0.99n = 48y . . . . . . add -0.99n

(C -0.99n)/48 = y . . . . . multiply by 1/48

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The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customer

AlladinOne [14]

Answer:

$4-2.326\frac{1}{\sqrt{100}}=3.767$

$4+2.326\frac{1}{\sqrt{100}}=4.233$

So on this case the 98% confidence interval would be given by (3.767;4.233)

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

$\bar X=4$ represent the sample mean

$\mu$ population mean (variable of interest)

$\sigma=1$ represent the population standard deviation

n=100 represent the sample size

Solution to the problem

The confidence interval for the mean is given by the following formula:

$\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}$ (1)

Since the Confidence is 0.98 or 98%, the value of $\alpha=0.02$ and $\alpha/2 =0.01$ , and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.01,0,1)".And we see that $z_{\alpha/2}=2.326$