Answer:
The sample size must be approximately 1067 to get a margin of error of 0.03.
Step-by-step explanation:
We are given the following in the question:
Margin of error = 0.03
Significance level = 5%
Margin of error =

Since, no prior proportions are given, we take


Putting values, we get,

Thus, the sample size must be approximately 1067 to get a margin of error of 0.03.
Answer:

And for this case we want to test the following hypothesis:
Null hypothesis: 
Alternative hypothesis: 
For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000
Step-by-step explanation:
The confidence interval for the mean is given by the following formula:
(1)
And for this case the 95% confidence interval is already calculated as:

And for this case we want to test the following hypothesis:
Null hypothesis: 
Alternative hypothesis: 
For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000
Answer:
21021
Step-by-step explanation:
Answer:
29,900 dollars a year
Step-by-step explanation:
So first we need to find how many weeks are in a year which there are 52.143 weeks but that can be rounded to 52. Now that we know that there are 52 weeks in a year all we have to do is multiply 52 by 575 which equals 29,900 dollars a year.
Hope this helps!
The fraction would be - 3/5