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Scrat [10]
4 years ago
5

To obtain an estimate of the proportion of "full time" university students who have a part time job in excess of 30 hours per we

ek, the student union decides to interview a random sample of full time students. They want the length of their 90% confidence interval to be no greater than 0.2 with standard deviation is known to be 3 hours. What size of the sample, n should be taken? Round up your answer to the nearest whole number.
Mathematics
1 answer:
musickatia [10]4 years ago
5 0

Answer:

2,436 students

Step-by-step explanation:

At a 90% confidence level, the z-score is 1.645 and the confidence interval is given by:

x\pm z\frac{s}{\sqrt n}

Where s is the standard deviation, and  n is the sample size.

If they want the length of their confidence interval to be no greater than 0.2, it must be no further than 0.1 from the mean 'X':

0.1>1.645\frac{3}{\sqrt n}\\\sqrt n>1.645*30\\n>2,435.42

Rounding up to the next whole number, the sample size should be 2,436 students.

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1. The manager of FrozonAir Refrigerator factory notices that on Monday it cost the company a total of $25,000 to build 30 refri
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Answer:

The fixed costs per day for the factory is $10,000 and marginal cost of one refrigerator for $500

Step-by-step explanation:

Let

Cost per refrigerator (marginal cost) = r

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Total cost = variable cost + fixed cost

Monday

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Tuesday

30,000 = 40r + f

Using Monday,

f = 25000 -30r

Substitute f = 25000 - 30r into Tuesday

30,000 = 40r + f

30,000 = 40r + (25,000 -30r)

30,000 = 40r + 25,000 - 30r

Collect like terms

30,000 - 25,000 = 40r - 30r

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Divide both sides by 10

r = 5,000 / 10

= 500

r = $500

Substitute r= 500 into Monday equation

f = 25,000 -30r

= 25,000 - 30(500)

= 25,000 - 15,000

= 10,000

f = $10,000

Therefore, the fixed costs per day for the factory is $10,000 and marginal cost of one refrigerator for $500

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Change 52.7kobo to naira​
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