Answer:
1) $500
Step-by-step explanation:
It literally says $500 on the table hope this helps :D
For #2, i cant see the full question.
Hope this helps :D Please hit the crown if you want me to help you on the last one then tell me and make a new question !!!!!!!!!!!!
Answer:
It should be 0.012566 rounded
Step-by-step explanation:
Answer:
18.9
Step-by-step explanation:
First, lets solve for the fractions. You can divide the fractions from the top, to their bottom (4 divided by 5, 3 divided by 5), in this case, you get 1.4. Now you have to rewrite the problem: 1.4+3.5x5. You solve it, and get 18.9.
Answer:
a) 
b) The should sample at least 293 small claims.
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
So it is z with a pvalue of
, so
, which means that the answer of question a is z = 1.645.
Now, find the margin of error M as such

In which
is the standard deviation of the population and n is the size of the sample.
(b) If the group wants their estimate to have a maximum error of $12, how many small claims should they sample?
They should sample at least n small claims, in which n is found when
. So







The should sample at least 293 small claims.