Answer:
$160
Step-by-step explanation:
25% = 0.25
40/0.25 = 160
Answer:
We are 99% confident that the true mean of electricity comsumption is between (15.6 and 15.8) kWh
Step-by-step explanation:
Information provided
represent the sample mean for the usage of electricity
population mean (variable of interest)
represent the population standard deviation
n=1731 represent the sample size
Confidence interval
The confidence interval for the mean is given by the following formula if we know the population deviation:
(1)
The Confidence level provided is 0.99 or 95%, the value of significance is
and
, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.005,0,1)".And we see that
And replacing we got:
We are 99% confident that the true mean of electricity comsumption is between (15.6 and 15.8) kWh
18/2 is 9
9x3 is 27
he needs 27 cups of flour