I need help please!!!
1 answer:
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Answer:
And rounded up we have that n=656
Step-by-step explanation:
In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 80% of confidence, our significance level would be given by and
. And the critical value would be given by:
Solution to the problem
The margin of error for the proportion interval is given by this formula:
(a)
Since we don't have prior info for the proportion of interest we can use as estimator. And on this case we have that
and we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
And replacing into equation (b) the values from part a we got:
And rounded up we have that n=656
Using an exponential function, it is found that it takes 5.42 years for the car to halve in value.
<h3>What is an exponential function?</h3>A decaying exponential function is modeled by:
In which:
- A(0) is the initial value.
- r is the decay rate, as a decimal.
In this problem, the car depreciates 12% a year in value, hence r = 0.12 and the equation is given by:
.
It halves in value at t years, for which A(t) = 0.5A(0), hence:
t = 5.42.
It takes 5.42 years for the car to halve in value.
More can be learned about exponential functions at brainly.com/question/25537936
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This problem can be solve by graphing (technology), as suggested.
The answer is posted as an attached image. We see that after about 14.75 years, the invading species will surpass the indigenous population.
If it needs to be solved mathematically and accurately, the math is a little more advanced, using the bisection method, or Newton's method.
However, we can also do that by trial and error, starting from 14.75. It is easier than you might think.
Post if you would like to have more information on one or the other methods.
Note: the scale of y has been shrunk by 1000, so each unit on the y-axis represents 1000 frogs.
The answer is posted as an attached image. We see that after about 14.75 years, the invading species will surpass the indigenous population.
If it needs to be solved mathematically and accurately, the math is a little more advanced, using the bisection method, or Newton's method.
However, we can also do that by trial and error, starting from 14.75. It is easier than you might think.
Post if you would like to have more information on one or the other methods.
Note: the scale of y has been shrunk by 1000, so each unit on the y-axis represents 1000 frogs.