1 hundredth + 3 tenth
2 answers:
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Answer:
y = -20x + 100
Step-by-step explanation:
As per your requirement For Part B, the solution is
The equation in slope-intercept form to model the relations is below:-
To reach 2 points on the graph the line passes through
lets use p1(0, 100), p2(1, 80)
now we will compute the slope:
= -20
and now use line equation in form point-slope:
y - y1 = m(x - x1)
y - 100 = -20(x - 0)
y = -20x + 100
Answer: a.) $50188 to $57812
Step-by-step explanation: <u>Confidence</u> <u>Interval</u> (CI) is an interval of values in which we are confident the true mean is in.
The interval is calculated as
x ±
a. For a 95% CI, z-value is 1.96.
Solving:
54,000 ±
54,000 ±
54,000 ± 1.96*1732.102
54,000 ± 3395
This means the interval is
50605 < μ < 57395
<u>With a 95% confidence interval, the mean starting salary of college graduates is between 50605 and 57395 or </u><u>from 50188 to 57812$.</u>
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b. The mean starting salary for college students in 2017 is $50,516, which is in the confidence interval. Therefore, since we 95% sure the real mean is between 50188 and 57812, there was no significant change since 2017.