1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slamgirl [31]
3 years ago
10

What price do farmers get for their watermelon crops? in the third week of july, a random sample of 40 farming regions gave a sa

mple mean of x-bar = $6.88 per 100 pounds of watermelon. assume that s is known to be $1.92 per 100 pounds?
Mathematics
1 answer:
Kobotan [32]3 years ago
6 0
Given that a random sample of 40 farmers gave a sample mean of \bar{x}=\$6.88 received by farmers per 100 pound of watermelon. Assume that σ is known to be $1.92 per 100 pounds.

Part A:

The 90% confidence interval for the population mean price (per 100lbs) that farmers get for their watermelon crop is given by:

90\% \ C.I.=\bar{x}\pm1.645 \frac{\sigma}{\sqrt{n}}  \\  \\ =6.88\pm1.645 \frac{1.92}{\sqrt{40}} =6.88\pm1.645(0.3036) \\  \\ =6.88\pm0.5=\bold{(\$6.38,\$7.38)}

The margin of error is $0.50

The 99% confidence interval for the population mean price (per 100lbs) that farmers get for their watermelon crop is given by:

99\%
 \ C.I.=\bar{x}\pm2.575 \frac{\sigma}{\sqrt{n}}  \\  \\ =6.88\pm2.575 
\frac{1.92}{\sqrt{40}} =6.88\pm2.575(0.3036) \\  \\ 
=6.88\pm0.78=\bold{(\$6.10,\$7.66)}

A longer confidence interval should be expected for a higher confidence, because the longer the interval, the more likely it will contain the true population mean.


Part B

Recall that 300 times 100 lbs = 15 tons.

The 90% confidence interval for the population mean price (per 15 tons) that farmers get for their watermelon crop is given by:

90\%
 \ C.I.=(6.38\times300,7.38\times300)=\bold{(\$1,914,\$2,214}

The margin of error is $0.50 x 300 = $150
You might be interested in
Christopher bought a new watch at the store when they were having a 20% percent off sale. If the regular price of the watch was
MrMuchimi
$38.40
48 x .2 = 9.6
48 - 9.6 = 38.4 
6 0
3 years ago
What is 3 in a+ b- in C written as a single logarithmn?
Leona [35]

There are a lot of other step that will be in between but the answer will end up being.....

Answer: Log (a^2c/ b^3 d^4)

4 0
3 years ago
What is 3x4 when it is divided by 4
Anna71 [15]

Answer:

3

Step-by-step explanation:

3*4/4

4/4 is equal to 1

3*1

3

5 0
3 years ago
Read 2 more answers
Maggie ebought 52 ounces of swordfish selling for $6.92 per pund. What was the total cost?
UNO [17]
The total cost was $22.49
3 0
3 years ago
Which expression represents the following statement: x is no less than 0. x>0 x≤0 x≥0 x<0
ki77a [65]

Answer: x ≥ 0

Step-by-step explanation:

First, let's define the symbols used:

a < x              (this means that a is strictly smaller than x)

a > x              (this means that a is strictly larger than x)

a ≤ x              (this means that a is smaller than or equal to x)

a ≥ x              (this means that a is larger than or equal to x)

Now we have the statement "x is no less than 0"

Then x can be equal to zero, or larger than zero, but never smaller than zero.

Looking at the symbols above, we know that we need to use:

x ≥ 0

(this is equivalent to the statement)

7 0
3 years ago
Read 2 more answers
Other questions:
  • Simplify 42 ⋅ 48 thanks
    9·1 answer
  • What is the measure of angle ACB?
    10·2 answers
  • Donald earns $4,500 per month. He wants to set aside 5% of his income for emergencies and 10% for saving. How much should he set
    8·2 answers
  • What do you do to check whether a number is rational or irrational
    6·1 answer
  • Which of the following items may be a good consideration in selecting a bank?
    5·2 answers
  • To convert a distance of 2790 feet to miles, which ratio could you multiply by? Remember that 1 mile = 5280 feet.
    11·1 answer
  • PLEASE HELP!!! ITS URGENT AND ILL NEED IT SOON, THANK YOU FOR ANY HELP GIVEN IN ADVANCED COMES WITH DIAGRAM
    15·1 answer
  • Write the linear equation in slope intercept form.<br><br>4x+y=1​
    12·1 answer
  • a point has the coordinates (0,k) what is reflection of the point will proceed in a image at the same coordinates (0,k)
    8·1 answer
  • Please help quickly <br><br> AB=AD and BC=DC<br> x=?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!