!!!!!!PLZZZZ HELP!!!!!!!help noone is helping me at all!!!!!

Mathematics

2 answers:

krek1111 [17]3 years ago

8 0

Y = mX+ b
m is the slope (Y2-Y1)/(X2-X1)
b is y intercept

STALIN [3.7K]3 years ago

5 0

Y=mx+b
where m is the slope and b is the y intercept

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The dwarves of the Grey Mountains wish to conduct a survey of their pick-axes in order to construct a 99% confidence interval ab

Dmitry_Shevchenko [17]

Answer:

The minimum sample size needed is 125.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of $\pi$ , and a confidence level of $1-\alpha$ , we have the following confidence interval of proportions.

$\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}$

In which

z is the zscore that has a pvalue of $1 - \frac{\alpha}{2}$ .

The margin of error is:

$M = z\sqrt{\frac{\pi(1-\pi)}{n}}$

For this problem, we have that:

$\pi = 0.25$

99% confidence level

So $\alpha = 0.01$ , z is the value of Z that has a pvalue of $1 - \frac{0.01}{2} = 0.995$ , so $Z = 2.575$ .

What minimum sample size would be necessary in order ensure a margin of error of 10 percentage points (or less) if they use the prior estimate that 25 percent of the pick-axes are in need of repair?

This minimum sample size is n.

n is found when $M = 0.1$