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Juli2301 [7.4K]
3 years ago
14

A consumer affairs investigator records the repair cost for 4 randomly selected TVs. A sample mean of $75.89 and standard deviat

ion of $13.53 are subsequently computed. Determine the 80% confidence interval for the mean repair cost for the TVs. Assume the population is approximately normal.
Step 1 of 2: Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.
Step 2 of 2: Construct the 80%80% confidence interval. Round your answer to two decimal places.
Mathematics
1 answer:
mina [271]3 years ago
7 0

Answer:

Step-by-step explanation:

step 2 or 2

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Questions are on the picture, a-e.
iris [78.8K]
  1. The equilibrium price is $1.12.
  2. If price is $0.98, there would be scarcity of Super Widgets.
  3. When price is $0.98, quantity demanded is y.
  4. When price is $0.98, quantity supplied is x.
  5. When price is $1.22, there would be a surplus of Super Widgets.

<h3>What is equilibrium? </h3>

Equilibrium price is the price at which the quantity demanded equals the quantity supplied. The equilibrium price is $1.12.

Above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus. When price is below equilibrium price, quantity supplied would be less quantity demanded and there would be a scarcity.

To learn more about equilibrium, please check: brainly.com/question/26075805

#SPJ1

5 0
2 years ago
The axis of symmetry for the function f(x) = –2x2 + 4x + 1 is the line x = 1. Where is the vertex of the function located?
egoroff_w [7]

Answer:

(1, 3)

Step-by-step explanation:

You are given the h coordinate of the vertex as 1, but in order to find the k coordinate, you have to complete the square on the parabola.  The first few steps are as follows.  Set the parabola equal to 0 so you can solve for the vertex.  Separate the x terms from the constant by moving the constant to the other side of the equals sign.  The coefficient HAS to be a +1 (ours is a -2 so we have to factor it out).  Let's start there.  The first 2 steps result in this polynomial:

-2x^2+4x=-1.  Now we factor out the -2:

-2(x^2-2x)=-1.  Now we complete the square.  This process is to take half the linear term, square it, and add it to both sides.  Our linear term is 2x.  Half of 2 is 1, and 1 squared is 1.  We add 1 into the set of parenthesis.  But we actually added into the parenthesis is +1(-2).  The -2 out front is a multiplier and we cannot ignore it.  Adding in to both sides looks like this:

-2(x^2-2x+1)=-1-2.  Simplifying gives us this:

-2(x^2-2x+1)=-3

On the left we have created a perfect square binomial which reflects the h coordinate of the vertex.  Stating this binomial and moving the -3 over by addition and setting the polynomial equal to y:

-2(x-1)^2+3=y

From this form,

y=-a(x-h)^2+k

you can determine the coordinates of the vertex to be (1, 3)

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