1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
3 years ago
8

The U.S. Department of Housing and Urban Development publishes data on the fair market monthly rent for existing one-bedroom hou

sing by metropolitan area (The Federal Register, April 30 1997). The standard deviation for the monthly rent is about $80. Assume that a sample of metropolitan areas will be selected in order to estimate the population mean of the monthly rent for existing one-bedroom housing. Use 95% confidence. a. How large should the sample be if the desired margin of error is $25?
Mathematics
1 answer:
Aleksandr [31]3 years ago
8 0

Answer:

n=(\frac{1.960(80)}{25})^2 =246.73 \approx 247

So the answer for this case would be n=247 rounded up to the nearest integer

Step-by-step explanation:

We know that the standard deviation is :

\sigma = 80 represent the deviation

The margin of error is given by this formula:

ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}    (a)

And on this case we have that ME =25 and we are interested in order to find the value of n, if we solve n from equation (a) we got:

n=(\frac{z_{\alpha/2} \sigma}{ME})^2   (b)

The critical value for 95% of confidence interval now can be founded using the normal distribution and the critical value would be z_{\alpha/2}=1.960, replacing into formula (b) we got:

n=(\frac{1.960(80)}{25})^2 =246.73 \approx 247

So the answer for this case would be n=247 rounded up to the nearest integer

You might be interested in
Kelly needs to order lunch for orders 6 people at a business meeting. Her menu choices are chicken salad for a cost of $5 per pe
mrs_skeptik [129]

Answer:

She would be able to buy

4 Chicken Salads &

2 Egg Salads

Step-by-step explanation:

4x5=20

leaving 8 dollars

2x4=8

8 0
3 years ago
Read 2 more answers
What does 4 3/8+ 6 3/4 equal
ANTONII [103]

Answer: 11.125

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
The compressive strength of concrete is normally distributed with mu = 2500 psi and sigma = 50 psi. A random sample of n = 8 spe
ipn [44]

Answer:

The standard error of the sample mean is _17.677_ psi.

Step-by-step explanation:

<u>Explanation</u>:-

A random sample of n = 8 specimens is collected.

Given sample size is n = 8

Given mean of the population 'μ' = 2500 psi

standard deviation 'σ' = 50 psi

Let x⁻ is the mean of the observed sample

Standard error of the sample mean = \frac{S.D}{\sqrt{n} }      ...(i)

Given Population of standard error (S.D) 'σ' = 50 psi

Now substitute all values in (i)

S.E = \frac{50}{\sqrt{8} } =17.677

<u>Conclusion</u>:-

The standard error of the sample mean is _17.677psi.

7 0
3 years ago
Please help with this question!
mart [117]

Answer:

($4.00/x)+($4.50/y)

Step-by-step explanation:

we know that

Apples cost 80 cents for x apples

so

One apple cost $0.80/x

Oranges cost 75 cents for y oranges

so

One orange cost $0.75/y

Find the cost of 5 apples and 6 oranges

Multiply the number of apples by the cost of one apple and multiply the number of oranges by the cost of one orange

so

5($0.80/x)+6($0.75/y)=($4.00/x)+($4.50/y)

7 0
3 years ago
Jill traveled to Canada and bought a new lamp for $460 Canadian dollars. In U.S. dollars (to the nearest cent) this is equivalen
kati45 [8]
It is $339.73 Hope this helped
6 0
3 years ago
Other questions:
  • El área de un rectángulo es 675cm2, si el largo es 3 veces. ¿Cuáles son las dimensiones del rectángulo?
    7·1 answer
  • How much does 5 pounds for $2.49 equal
    10·1 answer
  • What is the range of the data set 22 30 49 71 85 88 92 97 99
    12·1 answer
  • 4(X+8) FOR X=6 need this for test
    8·2 answers
  • I need help finding the value of x so that all triangles have the same perimeter
    8·1 answer
  • The bells at kings school ring every 6 mins At queens every 5 mins At princess every 9 mins 3 bells ring together at 8:30 When i
    9·2 answers
  • When are x+3 and 3+x equal? When are they not equal?
    15·1 answer
  • How is the product of 2 and 5 shown on a number line?
    13·1 answer
  • Helphelphelp please!!!!!!!!!!!!!!!!!!!!!!
    13·2 answers
  • -10÷0.22 what is the answer​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!