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Bezzdna [24]
3 years ago
9

Below, n is the sample size, p is the population proportion and p is the sample proportion. Use the Central Limit Theorem and th

e TI-84 calculator to find the probability. Round the answer to at least four decimal places.
n= 200
p=0.10
Mathematics
1 answer:
Annette [7]3 years ago
4 0

Answer:

Step-by-step explanation:

Hello!

Be it a variable with a binomial distribution, if n≥30, n*p≥5 and n*q≥5, then you can approximate the distribution of the sampling proportion to normal:

^p≈N(p;(p*q)/n)

Where p is the probability of success and q is the probability of failure (q= 1-p)

Under this distribution you can calculate the probabilities using the standard normal approximation:

Z=\frac{p(hut)-p}{\sqrt{\frac{p*q}{n} } }≈N(0;1)

Find P(0.06 < p-hat < 0.16)=_______

To find the probability inside the given interval you have to subtract the accumulated up to the lower bond to whats accumulated up to the upper bound of the interval:

P(^p<0.16)-P(^p<0.06)

Now you standardize both terms to obtain Z-values and look for the corresponding probabilities in the Z-table:

P(Z<(0.16-0.10)/(√(0.10*0.9)/200))-P(Z<(0.06-0.10)/(√(0.10*0.9)/200))

P(Z<2.82)-P(Z<-1.89)

Now what's left is to look for the values in the Z-table. All negative values are in the left entry and all positive values are in the right entry. The integer and first decimal can be found in the first column of the table, the second decimal can be found in the first row of the table when you cross both, you find the corresponding cumulative probability.

P(Z<2.82)-P(Z<-1.89)= 0.99760-0.02938= 0.96822

I hope this helps!

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In 2017, Moreno Cheeses had a net income of $42,390, paid preferred dividends of $6,000 and 18,000 shares of common stock outsta
s344n2d4d5 [400]

Answer:

Option c.

Step-by-step explanation:

In 2017, Moreno Cheeses had a net income of $42,390, paid preferred dividends of $6,000.

value of the shares = Net income - preferred dividends

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3 0
3 years ago
A scrap metal buyer pays $2.79 per square foot of steel.
RUDIKE [14]

Answer:

a. You can earn about $245

b. You will earn about $35 less if the lid is missing

Step-by-step explanation:

a. To solve this we first need to calculate the surface area of the drum, which has a cylinder shape, therefore it's surface area is given by:

surface area = 2*(pi*r² + pi*r*h)

r = d/2 = 4/2 = 2 ft

surface area = 2*(pi*2² + pi*2*5)

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surface area = 87.96 ft²

Since each square foot pays $2.79, then the total value of the drum is:

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b. If the lid of the drum is missing, then the surface area is given by:

area drum with no lid = surface area - lid area

area drum with no lid = 87.96 - pi*(2)² = 87.96 - 12.566 = 75.394 ft²

value = area drum with no lid * 2.79

value = 75.394 * 2.79 = 210.35

loss value = 245.42 - 210.35 = $35.07

7 0
3 years ago
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