Answer:
..........................................................................................................................................................................................No
Step-by-step explanation:
Answer:
A) sample mean = $1.36 million
B) standard deviation = $0.9189 million
C) confidence interval = ($1.93 million , $0.79 million)
*since the sample size is very small, the confidence interval is not valid.
Step-by-step explanation:
samples:
- $2.7 million
- $2.4 million
- $2.2 million
- $2 million
- $1.5 million
- $1.5 million
- $0.5 million
- $0.5 million
- $0.2 million
- $0.1 million
sample mean = $1.36 million
the standard deviation:
- $2.7 million - $1.36 million = 1.34² = 1.7956
- $2.4 million - $1.36 million = 1.04² = 1.0816
- $2.2 million - $1.36 million = 0.84² = 0.7056
- $2 million - $1.36 million = 0.64² = 0.4096
- $1.5 million - $1.36 million = 0.14² = 0.0196
- $1.5 million - $1.36 million = 0.14² = 0.0196
- $0.5 million - $1.36 million = -0.86² = 0.7396
- $0.5 million - $1.36 million = -0.86² = 0.7396
- $0.2 million - $1.36 million = -1.16² = 1.3456
- $0.1 million - $1.36 million = -1.26² = 1.5876
- total $8.444 million / 10 = $0.8444 million
standard deviation = √0.8444 = 0.9189
95% confidence interval = mean +/- 1.96 standard deviations/√n:
$1.36 million + [(1.96 x $0.9189 million)/√10] = $1.36 million + $0.57 million = $1.93 million
$1.36 million - $0.57 million = $0.79 million
Answer:
(4,3,2)
Step-by-step explanation:
We can solve this via matrices, so the equations given can be written in matrix form as:
![\left[\begin{array}{cccc}3&2&1&20\\1&-4&-1&-10\\2&1&2&15\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D3%262%261%2620%5C%5C1%26-4%26-1%26-10%5C%5C2%261%262%2615%5Cend%7Barray%7D%5Cright%5D)
Now I will shift rows to make my pivot point (top left) a 1 and so:
![\left[\begin{array}{cccc}1&-4&-1&-10\\2&1&2&15\\3&2&1&20\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%26-4%26-1%26-10%5C%5C2%261%262%2615%5C%5C3%262%261%2620%5Cend%7Barray%7D%5Cright%5D)
Next I will come up with algorithms that can cancel out numbers where R1 means row 1, R2 means row 2 and R3 means row three therefore,
-2R1+R2=R2 , -3R1+R3=R3
![\left[\begin{array}{cccc}1&-4&-1&-10\\0&9&4&35\\0&14&4&50\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%26-4%26-1%26-10%5C%5C0%269%264%2635%5C%5C0%2614%264%2650%5Cend%7Barray%7D%5Cright%5D)
![\left[\begin{array}{cccc}1&-4&-1&-10\\0&1&\frac{4}{9}&\frac{35}{9}\\0&14&4&50\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%26-4%26-1%26-10%5C%5C0%261%26%5Cfrac%7B4%7D%7B9%7D%26%5Cfrac%7B35%7D%7B9%7D%5C%5C0%2614%264%2650%5Cend%7Barray%7D%5Cright%5D)
4R2+R1=R1 , -14R2+R3=R3
![\left[\begin{array}{cccc}1&0&\frac{7}{9}&\frac{50}{9}\\0&1&\frac{4}{9}&\frac{35}{9}\\0&0&-\frac{20}{9}&-\frac{40}{9}\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%260%26%5Cfrac%7B7%7D%7B9%7D%26%5Cfrac%7B50%7D%7B9%7D%5C%5C0%261%26%5Cfrac%7B4%7D%7B9%7D%26%5Cfrac%7B35%7D%7B9%7D%5C%5C0%260%26-%5Cfrac%7B20%7D%7B9%7D%26-%5Cfrac%7B40%7D%7B9%7D%5Cend%7Barray%7D%5Cright%5D)
![\left[\begin{array}{cccc}1&0&\frac{7}{9}&\frac{50}{9}\\0&1&\frac{4}{9}&\frac{35}{9}\\0&0&1&2\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%260%26%5Cfrac%7B7%7D%7B9%7D%26%5Cfrac%7B50%7D%7B9%7D%5C%5C0%261%26%5Cfrac%7B4%7D%7B9%7D%26%5Cfrac%7B35%7D%7B9%7D%5C%5C0%260%261%262%5Cend%7Barray%7D%5Cright%5D)
, 
![\left[\begin{array}{cccc}1&0&0&4\\0&1&0&3\\0&0&1&2\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%260%260%264%5C%5C0%261%260%263%5C%5C0%260%261%262%5Cend%7Barray%7D%5Cright%5D)
Therefore the solution to the system of equations are (x,y,z) = (4,3,2)
Note: If answer choices are given, plug them in and see if you get what is "equal to". Meaning plug in 4 for x, 3 for y and 2 for z in the first equation and you should get 20, second equation -10 and third 15.
Answer:
In this set of data there is no outlier, as all numbers are relatively close.
