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devlian [24]
3 years ago
7

A research firm conducted a survey of 49 randomly selected Americans to determine the mean amount spent on coffee during a week.

The sample mean was $20 per week. The population distribution is normal with a standard deviation of $5. What is the point estimate of the population mean? Using the 95% level of confidence, determine the confidence interval for μ.
Mathematics
1 answer:
Andre45 [30]3 years ago
3 0

Answer:

(21.4, 18.6)

Step-by-step explanation:

Given that:

Mean (μ) = $20 per week

Standard deviation (σ) = $5

number of sample (n) = 49

Confidence level = 95% = 0.95

α = 1 - 0.95 = 0.05

\frac{\alpha }{2}=\frac{0.05}{2} = 0.025\\  z_{\frac{\alpha }{2} }=z_{0.025}= 1.96  from the probability table.

The margin of error (e) = z_{\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } = 1.96*\frac{5}{\sqrt{49} } =1.4

Confidence interval = μ ± e = (μ + e, μ - e) = (20 + 1.4, 20 - 1.4) = (21.4, 18.6)

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46 degrees! use inverse cosine

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A machine that cuts corks for wine bottles operates in such a way that the distribution of the diameter of the corks produced is
Norma-Jean [14]

Answer:

A. P(x<3.85 or x>4.15)= P(x<3.85)+P(x>4.15) = 0.1336

Step-by-step explanation:

Working with an ordinary Normal Distribution of probability and trying to find the probabilities asked in it could be difficult, because there´s no easy method to find probabilities in a generic Normal Distribution (with mean μ=4 and STD σ=0.1). The recommended approach to this question is to use a process called "Normalize", this process let us translate the problem of any Normal Distribution to a Standard Normal Distribution (μ=0 and σ=1) where there´s easier ways to find probabilities in there. The "Normalization" goes as follows:

Suppose you want to know P(x<a) of the Normal Distribution you are working with:

P(x<a)=P( (x-μ)/σ < (a-μ)/σ )=P(z<b)   ( b=(a-μ)/σ )

Where μ is the mean and σ is the STD of your Normal Distribution. Notice P(z<b) now it´s a probability in a Standard Normal Distribution, now we can find it using the available method to do so. My favorite is a chart (It´s attached to this answer) that contains a lot of probabilities in a Standard Normal Distribution. Let´s solve this as an example

A. We want to find the probability of the cork being defective (P(x<3.85) + P(x>4.15)). Now we find those separated and, then, add them for our answer.

Let´s begin with P(x<3.85), we start by normalizing that probability:

P(x<3.85)= P( (x-μ)/σ < (3.85-4)/0.1 )= P(z<-1.5)

And now it´s time to use the chart, it works like this: If you want P(z<c) and the decimal expansion of c=a.bd... , then:

P(z<c)=(a.b , d)

Where (a.b , d) are the coordinates of the probability in the chart. Keep in mind that will only work with "<" (It won´t work directly with P(z>c)) and we will do some extra work in those cases.

P(z<-1.5) is in the coordinates (-1.5 , 0)

P(z<-1.5)= 0.0668

P(x<3.85)= 0.0668

Now we are looking for P(x>4.15), let´s Normalize it too:

P(x>4.15)=P( (x-μ)/σ < (4.15-4)/0.1 )=P(z>1.5)

But remember the chart only work with "<", so we need to use a property of probability:

P(z>1.5)= 1 - P(z<1.5)

Using the chart:

P(z<1.5)=0.9332                             (1.5 , 0)

P(z>1.5)= 1 - 0.9332

P(z>1.5)= 0.0668

P(x>4.15)= 0.0668

And our final answer will be:

P(x<3.85 or x>4.15)= P(x<3.85)+P(x>4.15) = 0.1336

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Answer:

y=11x+12

Step-by-step explanation:

y = 6(x + 2) + 5x

y=6x+12+5x

y=11x+12

in slope interception form=  y=mx+c

                                                y=11x+12

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Answer:

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Answer:

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Month 3: 0.00300588297

Step-by-step explanation:

Since we're only finding the interest for the first three months, it's easy to do it by performing the simple interest formula. But first, we need divide 3 by 12, since we calculate interest using years. 3/12 = 1/4 = 0.25

The standard simple interest calculation is done by multiplying the starting amount, by the interest, by the time, then dividing by 100 to put it into a percentage.

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Let's say P = 1. For the first month, it will be 1 x 3.6 x 0.083 = 0.2988 / 100

The second month, (1 + 0.002988) * 3.6 * 0.083 = 0.299692814 / 100

The third month, (1.002988 + 0.00299692814) x 3.6 x 0.083 = 0.300588297/100

Given the initial amount be 1, those would be the periodic interest rate during the first three months.

5 0
3 years ago
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