Answer: a.) $50188 to $57812
Step-by-step explanation: <u>Confidence</u> <u>Interval</u> (CI) is an interval of values in which we are confident the true mean is in.
The interval is calculated as
x ± 
a. For a 95% CI, z-value is 1.96.
Solving:
54,000 ± 
54,000 ± 
54,000 ± 1.96*1732.102
54,000 ± 3395
This means the interval is
50605 < μ < 57395
<u>With a 95% confidence interval, the mean starting salary of college graduates is between 50605 and 57395 or </u><u>from 50188 to 57812$.</u>
<u />
b. The mean starting salary for college students in 2017 is $50,516, which is in the confidence interval. Therefore, since we 95% sure the real mean is between 50188 and 57812, there was no significant change since 2017.
Answer:
$37.50
Step-by-step explanation:
50*.25=12.50
Take $50 - 12.50 = 37.50
Answer:
14.36446281 is the answer, you probably have to round
Unit cost of a ticket = Income from ticket sales / number of tickets sold:
$1250
--------------- = $6.58 per ticket
190 tickets
Again:
$1175
--------------- = $6.71
175 tickets
While ticket prices do change (usually increase) from year to year, it's unusual to see such a situation here.
Don't have any guidelines by which to determine the "fixed cost of a ticket".
If we use the cost of a ticket of 2 years ago ($6.58/ticket), then the income from the sale of 225 tickets this year would be ($6.58/ticket)(225 tickets), or $1480.50.
Answer:
D
Step-by-step explanation:
To find the y- intercept, let x = 0 in the equation
Given
f(x) = - 
- 1, then
f(0) = - 
- 1 = - 
- 1 ← y- intercept,
(0, - - 1 ) ← coordinates of y- intercept
