A store is having a 1/3-off sale. You want to buy a jacket that originally cost $60. What is the sale price of the jacket?

1 answer:

7 0

Do a proportion
1/3= x/60
Cross multiply and divide
1 x 60= 60 and 60 divided by 3 is 20
So you get $20 off
60-20= 40
Answer is $40

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Suppose μ1 and μ2 are true mean stopping distances at 50 mph for cars of a certain type equipped with two different types of bra

Stella [2.4K]

Answer:

The 95% confidence interval would be given by $-23.44 \leq \mu_1 -\mu_2 \leq -8.16$

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

$\bar X_1 =114.1$ represent the sample mean 1

$\bar X_2 =129.9$ represent the sample mean 2

n1=5 represent the sample 1 size

n2=2 represent the sample 2 size

$s_1 =5.08$ sample standard deviation for sample 1

$s_2 =5.37$ sample standard deviation for sample 2

$\mu_1 -\mu_2$ parameter of interest.

Confidence interval

The confidence interval for the difference of means is given by the following formula:

$(\bar X_1 -\bar X_2) \pm t_{\alpha/2}\sqrt{\frac{s^2_1}{n_1}+\frac{s^2_2}{n_2}}$ (1)

The point of estimate for $\mu_1 -\mu_2$ is just given by:

$\bar X_1 -\bar X_2 =114.1-129.9=-15.8$

In order to calculate the critical value $t_{\alpha/2}$ we need to find first the degrees of freedom, given by:

$df=n_1 +n_2 -1=5+5-2=8$

Since the Confidence is 0.95 or 95%, the value of $\alpha=0.05$ and $\alpha/2 =0.025$ , and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.025,8)".And we see that $t_{\alpha/2}=\pm 2.31$