Brandy's Auto Wash earns revenues of $6 per customer. In all, how many customers does
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Answer:
The 90% confidence interval for the mean combined fuel economy for Ford Explorers is between 22.95 and 23.63 mpg.
Step-by-step explanation:
We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 16 - 1 = 15
90% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 15 degrees of freedom(y-axis) and a confidence level of . So we have T = 1.7531
The margin of error is:
In which s is the standard deviation of the sample and n is the size of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 23.29 - 0.34 = 22.95 mpg
The upper end of the interval is the sample mean added to M. So it is 23.29 + 0.34 = 23.63 mpg
The 90% confidence interval for the mean combined fuel economy for Ford Explorers is between 22.95 and 23.63 mpg.
Answer:
<em>C(19)=12 responses</em>
Step-by-step explanation:
<u>Exponential Decay Function</u>
The exponential function is frequently used to model natural growing or decaying processes, where the change is proportional to the actual quantity.
An exponential decaying function can be expressed as follows:
Where:
C(t) is the actual value of the function at time t
Co is the initial value of C at t=0
r is the decaying rate, expressed in decimal
The company puts out an advertisement for a job opening. Initially, the company got 90 responses to the advertisement. Each day, the responses declined by 10%.
This is an example where the decay model can be used to calculate the responses to the advertisement at the day t.
The initial value is Co=90, the decaying rate is r=10% = 0.10. The model is written as:
Calculating:
We are required to calculate the number of responses at day t=19, thus:
C(19)=12 responses