What integer describes a profit of $650?
2 answers:
You might be interested in
Answer:
D, see description below.
There is a possible typo in the problem since these points have slope 25/23.
Step-by-step explanation:
To find the slope of a line, calculate the distance between points with a ratio of vertical to horizontal distance. This is done using the formula:
Here the points are (-4,-14) and (19,11). Substitute and simplify.
I think there is a typo in your points (-4,-14) and (19,11) because the answer doesn't align to the answer choices. But based on them, I would answer D or 24/23 since it's the closest value.
Critical probability is the essentially cut-off value. The critical probability when the confidence level of 58% is 0.79.
<h3>What is the critical probability?</h3>Critical probability is the essentially cut-off value that defines the region where the test statistic is unlikely to lie.
As it is given that the confidence level is 58%. therefore, in order to calculate the critical probability, we need to calculate the margin of error within a set of data, and it is given by the formula
where the value of the α is expressed as,
Now, as the confidence interval is given to us, therefore, the value of the alpha can be written as,
Further, the critical probability, assuming a confidence level of 58% is,
Hence, the critical probability is 0.79.
Learn more about Critical Probability: