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Llana [10]
3 years ago
11

 customer buys 17.01 in gas and requests one five dollar [$5] lottery ticket, two one dollar [$1] lottery tickets, and one [$3]

lottery ticket. He gives you two winning tickets to be redeemed: one for ($5) and the other for ($2). How much change would he receive from a $100 bill?* 
 $20.01       $72.01       $74.99       $79.99  
Mathematics
2 answers:
Dmitry_Shevchenko [17]3 years ago
8 0
Gas: 100-17.01 is $82.99
lottery tickets: 5+1+1=7 + 3=10 but then plus 5+2=7 so -3
82.99-3=   $79.99
the answer is $79.99
Anettt [7]3 years ago
4 0
100 - 17.01 - 5 - 2 - 3 + 5 + 2 = 
100 - 17.01 - 3 =
100 - 20.01 =
$ 79.99 <===
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Answer:

a) n=\frac{0.76(1-0.76)}{(\frac{0.01}{1.64})^2}=4905.83  

And rounded up we have that n=4906

b) For this case since we don't have prior info we need to use as estimatro for the proportion \hat p =0.5

n=\frac{0.5(1-0.5)}{(\frac{0.01}{1.64})^2}=6724  

And rounded up we have that n=6724

Step-by-step explanation:

We need to remember that the confidence interval for the true proportion is given by :  

\hat p \pm z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}

Part a

The estimated proportion for this case is \hat p =0.76

Our interval is at 90% of confidence, and the significance level is given by \alpha=1-0.90=0.1 and \alpha/2 =0.05. The critical values for this case are:

z_{\alpha/2}=-1.64, t_{1-\alpha/2}=1.64

The margin of error for the proportion interval is given by this formula:  

ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}    (a)  

The margin of error desired is given ME =\pm 0.01 and we are interested in order to find the value of n, if we solve n from equation (a) we got:  

n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}   (b)  

Replacing we got:

n=\frac{0.76(1-0.76)}{(\frac{0.01}{1.64})^2}=4905.83  

And rounded up we have that n=4906

Part b

For this case since we don't have prior info we need to use as estimatro for the proportion \hat p =0.5

n=\frac{0.5(1-0.5)}{(\frac{0.01}{1.64})^2}=6724  

And rounded up we have that n=6724

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Step-by-step explanation:

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