someone earns a commission she makes 4.5% of the amount she sells she sold 800$ worth of cloths how much was her commission
1 answer:
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Answer:
a. The margin of error for the survey is of 0.0308 = 3.08%.
b. The 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning is (65.96%, 78.04%).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
The margin of error of the survey is:
The confidence interval can be written as:
In a survey of 212 people at the local track and field championship, 72% favored the home team winning.
This means that
a. Find the margin of error for the survey.
The margin of error for the survey is of 0.0308 = 3.08%.
b. Give the 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning.
95% confidence level
So , z is the value of Z that has a p-value of
, so
.
Lower bound:
Upper bound:
As percent:
0.6596*100% = 65.96%
0.7804*100% = 78.04%.
The 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning is (65.96%, 78.04%).