Answer:
We can find the critical value 
And for this case if the confidence increase the critical value increase so then this statement is True
Step-by-step explanation:
For a confidence level given c, we can find the significance level like this:

And with the degrees of freedom given by:
We can find the critical value 
And for this case if the confidence increase the critical value increase so then this statement is True
$409.80.
The amount of net profit the store makes on each container is given by 1.67-0.83 (the amount it is sold for subtracted by the amount it costs the store), which is $0.84 per container. They sell 470 containers, so the net profit at this point is 470(0.84) = $394.80.
However, since the distributor is giving the store a $0.50 refund on all every container under 500 that the store sells, the store gets additional money back:
500-470 = 30 containers not sold
30(0.50) = 15
So the total profit is $394.80 + 15 = $409.80.
Answer: a.) $50188 to $57812
Step-by-step explanation: <u>Confidence</u> <u>Interval</u> (CI) is an interval of values in which we are confident the true mean is in.
The interval is calculated as
x ± 
a. For a 95% CI, z-value is 1.96.
Solving:
54,000 ± 
54,000 ± 
54,000 ± 1.96*1732.102
54,000 ± 3395
This means the interval is
50605 < μ < 57395
<u>With a 95% confidence interval, the mean starting salary of college graduates is between 50605 and 57395 or </u><u>from 50188 to 57812$.</u>
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b. The mean starting salary for college students in 2017 is $50,516, which is in the confidence interval. Therefore, since we 95% sure the real mean is between 50188 and 57812, there was no significant change since 2017.
You can still transport 2040 KG crates to the store.
Ok so you would just take the two fractions and simply if needed and that the answer!