Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar. The table shows a p
2 answers:
You might be interested in
Answer:
1) The mean calculated for this case is
2)
3)
4) B. An interval estimate gives us a sense of the accuracy of the point estimate whereas a point estimate alone does not.
Because with the confidence interval we know the confidence level of the interval, and the limits for the parameter at some significance level.
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".
Part 1
In order to calculate the mean and the sample deviation we can use the following formulas:
(a)
(b)
The mean calculated for this case is
The sample deviation calculated
population mean (variable of interest)
n=6 represent the sample size
Part 2
The confidence interval for the mean is given by the following formula:
(1)
So if we have the margin of error 5.4mm we can find the lowr limit like this:
Part 3
Part 4
B. An interval estimate gives us a sense of the accuracy of the point estimate whereas a point estimate alone does not.
Because with the confidence interval we know the confidence level of the interval, and the limits for the parameter at some significance level.
(PART-A): s-intercept in this case represents the y-intercept of the graph, whereas the t-intercept in this case represents the x-intercept of the graph.
Always remember that y-intercept represents the value of y where the curve (or line) crosses the y-axis, and x-intercept represents the value of x where the curve (or line) crosses the x-axis.
In the graph attached with the question, at point (0,6) the curve crosses the y-axis. Therefore, the <em>y-intercept (s-intercept) in this case is 6</em>. It means that in year 2000 (t=0), 6 hundred shirts were sold.
However, there is no point on the graph where the curve crosses the x-axis, meaning there is <em>no x-intercept (t-intercept)</em>. It means that there is <em>not</em> a single year when the number of shirts sold is 0.
(PART B): As you can see in the graph (attached with the question) that the <em>f(t)</em> is increasing (exponentially) with the increase in <em>t. </em>Therefore, we can safely say that as t increases without bound, the f(t) increases (also). In this context, it means that the sale of shirts increases as the years go by. Hence, the correct blank is "increases."
(PART C): The average rate of change is actually the slope. To find the slope, we can use the following formula:
slope = --- (X)
Given points: (5, 12.5) and (7, 22). Plug the values in equation (X),
slope =
Hence, the average rate of change for the function between t=5 and t=7 is 4.75 (answer).
(PART D): This part is bit tricky. Therefore, read the explanation carefully!
You can see in the graph that number of Shirts sold is in <em>hundreds. </em>It means that 1 unit (of y-axis in a graph) represents 100 shirts. Therefore, as in the question it is mentioned that there are 1000 T-shirts sold, it will become 10 units (since 10*100 = 1000). So, the function g(t) will become the following:
--- (Y)
Why did I add f(t)? Because in the question, the word "<em>and</em>" is underlined. It means that g(t) represents not only 1000 T-shirts (10*100 = 1000) sold at the basketball games each year, but it also has the number of T-shirts sold ONLINE, which is f(t).
Now insert f(t) in (Y) and solve:
Hence, g(t) is