Answer:
a) The formula is given by mean
the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
b)
Step-by-step explanation:
Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
If the distribution for X is normal or if the sample size is large enough we know that the distribution for the sample mean
is given by:
Part a
The formula is given by mean
the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
Part b
The confidence interval for the mean is given by the following formula:
The answer is 14. if n equals 3 and you use the equation instead of n. 3+11 that would equal 14
C is the answer
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Answer:
srry i just wanted the points
Step-by-step explanation:
Answer: r=5,500
P=$125,000
P=25r-12,500
substitute P for 125,000
125,000=25r-12,500
add 12,500 to both sides
137,500=25r
divide both sides by 25
5500=r
The company sold 5,500 fishing rods