2+4+5+6+8+2+5+6= 38/8 = 4.75
2+4+5+6+8+2+5+6+7 = 45/9 = 5
5 - 4.75= 0.25
C. The mean increased by 0.25
Basic formula for the price elasticity of demand coefficient is on this webside:
http://www.economicsdiscussion.net/price-elasticity-of-demand/price-elasticity-of-demand-with-formula/25223
Answer:
Answer = √(0.301 × 0.699 / 83) ≈ 0.050
A 68 percent confidence interval for the proportion of persons who work less than 40 hours per week is (0.251, 0.351), or equivalently (25.1%, 35.1%)
Step-by-step explanation:
√(0.301 × 0.699 / 83) ≈ 0.050
We have a large sample size of n = 83 respondents. Let p be the true proportion of persons who work less than 40 hours per week. A point estimate of p is because about 30.1 percent of the sample work less than 40 hours per week. We can estimate the standard deviation of as . A confidence interval is given by , then, a 68% confidence interval is , i.e., , i.e., (0.251, 0.351). is the value that satisfies that there is an area of 0.16 above this and under the standard normal curve.The standard error for a proportion is √(pq/n), where q=1−p.
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Mark brainliest
Answer:
12/20
Step-by-step explanation:
Answer:
3n + 8 < 5n
n > 4
Step-by-step explanation:
Let
n = cost of viewing videos
Plan A: $3 per video viewed, plus a flat rate of $8 per month
Total cost for plan A = 3n + 8
Plan B: $5 per video viewed and no additional flat rate
Total cost for plan B = 5n
Plan A is less than the cost of viewing n videos using Plan B
The inequality
3n + 8 < 5n
8 < 5n - 3n
8 < 2n
8/2 < n
4 < n
n > 4
