What is the upper quartile in the box plot
2 answers:
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Answer:
The sample proportion is 0.88.
The margin of error is of 0.04.
The interval likely to contain the true population proportion is (0.84,0.92).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
Margin of error:
The margin of error is of:
Sample of 230 teenagers, 202 would like to have smaller class sizes at their school.
This means that , and that the sample proportion is:
The sample proportion is 0.88.
Standard 95% confidence level
So , z is the value of Z that has a p-value of
, so
.
Margin of error:
The margin of error is of 0.04.
Confidence interval:
Sample proportion plus/minus margin of error. So
0.88 - 0.04 = 0.84
0.88 + 0.04 = 0.92
The interval likely to contain the true population proportion is (0.84,0.92).
Let us assume that the total number of shares (also called the total holdings) held by Live Fund in Marks Brothers is .
Then obviously half the holdings (or half the number of shares) of Live Fund will be .
Thus, if each share is valued at $5000, then the total value of the number of shares sold (which is will be:
dollars or $
.
Thus, Live Fund will receive $ if they sold half their holding in Marks Brothers.