Answer:
($2.123 ; $2.149)
Step-by-step explanation:
The prediction interval is expressed as :
Predicted value ± standard Error
Predicted value = $2.136
Standard Error = $0.013
Prediction interval :
Lower boundary = $2.136 - $0.013 = $2.123
Upper boundary = $2.136 + $0.013 = $2.149
($2.123 ; $2.149)
B.) The prediction interval provides a range for which the predicted value or price should fall Given a certain degree of probability. If the true value falls within this interval, then, our prediction would be deemed to have occurred not by chance.
Since the actual price within the predicted price interval, then I agree with the judge's Decison that the price was not artificially depressed.
Ok. In order to do this set up 2/5 divided by 5/7. The way you divide with fractions is by multiplying them but flipping the second fraction into 7/5 <---this is known as the reciprocal. In other words do:
2/5 x 7/5 =
14/25
There you go.
Radius = OC = OD
Solve for x:
10x -16 = 6x+2
4x = 18
x = 9/2 = 4.5
Sub 'x' back into OC
OC = 6(4.5) + 2 = 29
Radius = 29
Answer: 1/20
To find P(Q and R), you have to multiply P(Q) by P(R) to get the probability that both events will occur. P(Q) = 1/8, and P(R) = 2/5, so when multiplied together, you get 2/40. This simplifies to 1/20, meaning P(Q and R) = 1/20.
