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BigorU [14]
3 years ago
8

Based on a survey conducted by Greenfield Online, 25–34-year-olds spend the most each week on fast food. The average weekly amou

nt of $44 (based on 115 participants) was reported in a May 2009 USA Today Snapshot. Assuming that weekly fast-food expenditures are normally distributed with a known standard deviation of $14.50, construct a 90% confidence interval for the mean weekly amount that 25–34-year-olds spend each week on fast food.
(Please show work)
Mathematics
1 answer:
Artyom0805 [142]3 years ago
8 0
Okay, so the formula for a confidence interval is 
test statistic +/- (critical value)(standard deviation of statistic
44 +/- (invNorm(area: 0.05, u=0, std:1))(14.5)
44 +/- 23.85
(20.15, 67.85)
hope this helps :)
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Read the instructions
nordsb [41]

Answer:

Step-by-step explanation:

\frac{5x - 2}{4}+\frac{1}{2}=\frac{3y+2}{2}

Multiply the equation by 4

4*\frac{5x - 2}{4}+4*\frac{1}{2}=4*\frac{3y+2}{2}\\

5x - 2 + 2 = 2*(3y + 2)

5x +0 = 2*3y + 2*2

5x = 6y + 4

5x - 6y = 4 --------------------(I)

\frac{7y+3}{3}=\frac{x}{2}+\frac{7}{3}\\

Multiply the equation by 6

6*\frac{7y+3}{3}=6*\frac{x}{2}+6*\frac{7}{3}\\

2*(7y + 3) = 3x + 2*7

14y + 6 = 3x + 14

14y = 3x + 14 - 6

14y = 3x + 8

-3x + 14y = 8 ------------------------(II)

Multiply equation (I) by 3 and equation (II) by 5 and then add

(I)*3              15x - 18y = 12

(II)*5           <u>-15x  + 70y = 40</u>     {Now add}

                          52y = 52

                              y = 52/52

                            y = 1

Substitute y =1 in equation (I)

5x - 6*1 =  4

5x - 6 = 4

      5x = 4 +6

      5x = 10

         x = 10/5

x = 2

7 0
3 years ago
The cost of an item is $75. What will the total cost be with 9% tax?
Morgarella [4.7K]

Answer:

81.75

Step-by-step explanation:

75*1.09 = 81.75

7 0
3 years ago
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Hopi Corporation expects the following operating results for next year: Sales $ 400,000 Margin of safety $ 100,000 Contribution
Serggg [28]

Answer:

Hopi Corporation Total fixed expenses next year= $225,000

Step-by-step explanation:

Given,

Contribution margin ratio = 0.75

Current sales =  $400,000

Margin of Safety = $100,000

Breakeven sales can be calculated as,

Breakeven sales = Current Sales - Margin of safety

                            = $400,000 - $100,000

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Fixed Expenses can be calculated as,

Fixed Expenses = Breakeven Sales × Contribution margin ratio

                           = $300,000 × 0.75

                           = $225,000

Answer: Expected total fixed expenses for Hopi next year is $225,000

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Answer:

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Step-by-step explanation:

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