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The target rate for jogging is 8.5 km per hour. The start time is 7:15 am and the end time is 8:30 am. If Malinda jogs at the ta
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Answer:
a. The 95% confidence interval for the proportion of all adult Americans who would give themselves a grade of A or B on their financial knowledge of personal finance is (0.54, 0.588). This means that we are 95% sure that the true proportion of all adult Americans who would give themselves a grade of A or B on their financial knowledge of personal finance is between these two bounds.
b. Because this confidence interval is entirely above 0.5, the interval is consistent with the statement that a majority of adult Americans would give themselves a grade of A or B.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
Sample of 1,664 adult Americans, 939 people in the sample would have given themselves a grade of A or B in personal finance.
This means that
95% confidence level
So , z is the value of Z that has a pvalue of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 95% confidence interval for the proportion of all adult Americans who would give themselves a grade of A or B on their financial knowledge of personal finance is (0.54, 0.588). This means that we are 95% sure that the true proportion of all adult Americans who would give themselves a grade of A or B on their financial knowledge of personal finance is between these two bounds.
(b) Is the confidence interval from part (a) consistent with the statement that a majority of adult Americans would give themselves a grade of A or B?
Yes, because the confidence interval is entirely above 0.5.
Because this confidence interval is entirely above 0.5, the interval is consistent with the statement that a majority of adult Americans would give themselves a grade of A or B.
Step-by-step explanation:
You can write an equation of a line conveniently by point-slope form. It's in the form of where
is the coordinates of a point that's on the line and
is the slope of the line.
Now choose a point (It doesn't really matter which one) and plug that in the equation. I'll choose where
and
The next thing we have to do now is finding the slope, , where it's equal to
. I'll make
point 1 and
point 2.
Now let's plug that to our equation.
Now we have the equation but out of all the choices it seemed that all of them are in slope-intercept form all you have to do now is make our equation rewrite it in slope-intercept form.
is your equation.