Answer:
His 95% confidence interval is (0.065, 0.155).
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 zscore that has a pvalue of 
.
For this problem, we have that:
95% confidence level
So 
, z is the value of Z that has a pvalue of 
, so 
.
The lower limit of this interval is:
The upper limit of this interval is:
His 95% confidence interval is (0.065, 0.155).
B is the correct answer. If you use the distributive property correctly you will see why.
(4x+3)(2x+1)= 8x^2+4x+6x+3
= 8x^2+10x+3
please vote my answer brainliest. thanks!
132.55=5(.04m+2+.7+0.1(21.7))>>>m=66
The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
#SPJ1
<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
