12 1 1 point If s = 12, what is 10s ?
1 answer:
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Formula for slope:
y₂: 6
y₁: 8
x₂: 1
x₁: -2
Plug them into the slope equation:
-->
--->
The slope is .
Answer:
The best point estimate for the mean monthly car payment for all residents of the local apartment complex is $624.
Step-by-step explanation:
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean and standard deviation
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean
and standard deviation
.
In this question:
We apply the inverse Central Limit Theorem.
The mean monthy car payment for 123 residents of the local apartment complex is $624.
So, for all residents of the local apartment complex, the best point estimate for the mean monthly car payment is $624.