Answer:
600
Step-by-step explanation:
Answer: Sales tax is $4.80 and the total cost is $64.80
Step-by-step explanation: Take the difference in the total before and after tax and divide by the price before tax.
To get $4.80, find the sales tax of $60.00 of 8%
We can use this formula: (selling price x sales tax rate)
The sales tax is: $4.80
To find the total cost, add 60.00 by the sales tax. ($4.80)
60.00 + 4.80 = $64.80
Therefore, these are your answers: $4.80 and $64.80
Answer:
4.5
Step-by-step explanation:
Answer:
95% provides more information
Step-by-step explanation:
The confidence interval is obtained by using the relation :
Xbar ± Zcritical * σ/√n
(Xbar - (Zcritical * σ/√n)) = 5.22 - - - (1)
(Xbar + (Zcritical * σ/√n)) = 5.98 - - (2)
Adding (1) and (2)
2xbar = 5.22 + 5.98
2xbar = 11.2
xbar = 11.2 / 2 = 5.6
Margin of Error :
Xbar - lower C.I = Zcritical * σ/√n
Zcritical at 90% = 1.645
5.6 - 5.22 = 1.645 * (σ/√n)
0.38 = 1.645 * (σ/√n)
(σ/√n) = 0.38 / 1.645 = 0.231
Therefore, using the se parameters to construct at 95%
Zcritical at 95% = 1.96
Margin of Error = Zcritical * σ/√n
Margin of Error = 1.96 * 0.231 = 0.45276
C.I = xbar ± margin of error
C. I = 5.6 ± 0.45276
C.I = (5.6 - 0.45276) ; (5.6 + 0.45276)
C. I = (5.147 ; 6.053)
Hence, 95% confidence interval provides more information as it is wider.
1.1 is greater
8/7 is greater
-1.09 is greater
-1.1 is greater