Answer:
Step-by-step explanation:
Confidence intervals have been underutilized prior to this time.
The implications of not using confidence intervals include:
- The under-representation or over-representation of research results that amounts from the use of a single figure to represent a statistic.
- In Market Research analysis, neglecting the use of confidence intervals will increase the risk of your portfolio.
Implications/Importance of using confidence intervals include:
- Calculation of confidence interval gives additional information about the likely values of the statistic you are estimating.
- In the presentation and comprehension of results, confidence intervals give more accuracy from the data or metrics captured.
- Given a sample mean, confidence intervals show the likely range of values of the population mean.
Answer:
6
Step-by-step explanation:
800*Y=4800
Y=4800/800
Y=6
Answer:
B) 2 frozen dinners and 2 dozen jelly doughnuts
Step-by-step explanation:
Calculate the total utility for each option.
A) 46
B) 32 + 21 = 53
C) 16 + 30 = 46
D) 28
Option B has the highest total utility.
Answer:
Step-by-step explanation:
The function s(x)=0.9(.82)^x models the number of subscription in tens of thousands where x represents the number of years since the trend has been observed.
s(x) represents the number of subscriptions to the Dorchester Daily in a given year.
0.9 in ten thousands represents the initial number of subscriptions to the Dorchester Daily in a given year.
0.82 represents the rate at which the number of number of subscriptions to the Dorchester Daily is declining. The rate in percentage is 100 - 82 = 12% each year.
x represents the number of years since the trend has been observed.
