What is the probability that the wine cooler would be less than 45 degrees
1 answer:
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Answer:
Step-by-step explanation:
- The equation of the line in the slope intercept form is:
Where m is the slope and b is the y-intercept of the line
- Let's choose two points of the line: (8,-1) and (-4,-4).
- You must calculate the slope of the line as following:
- As you can see in the graph attached, the line intersects the y-axis at -3, then b=-3.
- Substituting values into the equation of the line, you obtain:
Answer: 95% confidence interval = 20,000 ± 2.12
( 19228.736 , 20771.263 ) OR ( 19229 , 20771 )
Step-by-step explanation:
Given :
Sample size(n) = 17
Sample mean = 20000
Sample standard deviation = 1,500
5% confidence
∴ = 0.025
Degree of freedom () = n-1 = 16
∵ Critical value at ( 0.025 , 16 ) = 2.12
∴ 95% confidence interval = mean ±
Critical value at 95% confidence interval = 20,000 ± 2.12
( 19228.736 , 20771.263 ) OR ( 19229 , 20771 )