Answer:
The interval from the sample of size 400 will be approximately <u>One -half as wide</u> as the interval from the sample of size 100
Step-by-step explanation:
From the question we are told the confidence level is 95% , hence the level of significance is
=>
Generally from the normal distribution table the critical value of
is
Generally the 95% confidence interval is dependent on the value of the margin of error at a constant sample mean or sample proportion
Generally the margin of error is mathematically represented as
Here assume that
is constant so

=> 
=> 
So let
and 
=> 
=> 
=> 
So From this we see that the confidence interval for a sample size of 400 will be half that with a sample size of 100
Answer: None. The question asks about $4 per hour.
Step-by-step explanation: The cost changes by $4 every 2 hours.
That is $2 per hour.
Part B is not clear and the clear one is;
P(X ≥ 6)
Answer:
A) 0.238
B) 0.478
C) 0.114
Step-by-step explanation:
To solve this, we will make use of binomial probability formula;
P(X = x) = nCx × p^(x)•(1 - p) ^(n - x)
A) 54% of U.S. adults have very little confidence in newspapers. Thus;
p = 0.54
10 random adults are selected. Thus;
P(X = 5) = 10C5 × 0.54^(5) × (1 - 0.54)^(10 - 5)
P(X = 5) = 0.238
B) P(X ≥ 6) = P(6) + P(7) + P(8) + P(9) + P(10)
From online binomial probability calculator, we have;
P(X ≥ 6) = 0.2331 + 0.1564 + 0.0688 + 0.01796 + 0.0021 = 0.47836 ≈ 0.478
C) P(x<4) = P(3) + P(2) + P(1) + P(0)
Again with online binomial probability calculations, we have;
P(x<4) = 0.1141 ≈ 0.114
Step-by-step explanation:
The final balance is $12,088.87.
The total compound interest is $2,088.87.