Answer:
a) Margin of error = 166.311
b) sample size ≥ 62
Step-by-step explanation:
Given:
Average cost = $1599
Sample size = 50 persons
Standard deviation = $600
Confidence level is 95%
a) Margin of error = 
Now for confidence level of 95% z-value = 1.96
Thus,
Margin of error = 
or
Margin of error = 166.311
b) For Margin of error ≤ 150
≤ 150
or
≤ 150
or
≤ √n
or
√n ≥ 7.84
or
n ≥ 61.4656
Therefore,
sample size ≥ 62
Answer:
16
Step-by-step explanation:
If you add them all up you get 80. Then you divide it by 5 since there is 5 terms. 80/5 = 16
Answer:
(1) 0.4207
(2) 0.7799
Step-by-step explanation:
Given,
Mean value,

Standard deviation,

(1) P(X ≥ 17.5) = 1 - P( X ≤ 17.5)




( By using z-score table )
= 0.4207
(2) P(14 ≤ X ≤ 18) = P(X ≤ 18) - P(X ≤ 14)



= 0.9918 - 0.2119
= 0.7799
Answer:
There you go hope it can help you
Answer:
b=1/5
Step-by-step explanation:
10b + (-45) = -43
10b = 2
b = 2/10
b = 1/5