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sergij07 [2.7K]
3 years ago
9

It is greater than 37493 it is less than 37503 it is an even number the value of the mystery number rounded to the nearest ten i

s less than the mystery number the value of the mystery number rounded to the nearest thousand is greater than the mystery number
Mathematics
1 answer:
dalvyx [7]3 years ago
6 0
The mystery number is 37502
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Answer: its 49

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A store owner is interested in opening a second shop. She wants to estimate the true average daily revenue of her current shop t
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Every confidence interval has associated z value. As confidence interval increases so do the z value associated with it. 
The confidence interval can be calculated using following formula:
\overline{x} \pm \frac{zs}{\sqrt n}
Where \overline{x} is the mean value, z is the associated z value, s is the standard deviation and n is the number of samples.
We know that standard deviation is simply a square root of variance:
s=\sqrt{315900.20}=\$562.05
The confidence interval of 95% has associated z value of <span>1.960.
</span>Now we can calculate the confidence interval for our income:
3472.00\pm \frac{1.960\cdot 562.05}{\sqrt{60}}\\ \$3472.00\pm142.22


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