Answer:
I predict it would be $45
Step-by-step explanation:
Answer:
x = -5
Step-by-step explanation:
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Answer:
The reason for the columns adding up to 1 is that each individual consumes a proportion or a fraction of the total quantity produced under each product category and every product is consumed. There is no leftover.
When the proportions of all the individuals are added up, the sum is always 1 under each product category because each individual can only consume a part of the whole.
Step-by-step explanation:
a) Data and Calculations:
Food Clothes Housing Energy High Quality 100
Proof Moonshine
Farmer 0.25 0.15 0.25 0.18 0.20
Tailor 0.15 0.28 0.18 0.17 0.05
Carpenter 0.22 0.19 0.22 0.22 0.10
Coal Miner 0.20 0.15 0.20 0.28 0.15
Slacker Bob 0.18 0.23 0.15 0.15 0.50
Total 1.00 1.00 1.00 1.00 1.00
How am i supposed to draw it ??
The 90% confidence interval for the population mean of the considered population from the given sample data is given by: Option C: [130.10, 143.90]
<h3>
How to find the confidence interval for population mean from large samples (sample size > 30)?</h3>
Suppose that we have:
- Sample size n > 30
- Sample mean =

- Sample standard deviation = s
- Population standard deviation =

- Level of significance =

Then the confidence interval is obtained as
- Case 1: Population standard deviation is known

- Case 2: Population standard deviation is unknown.

For this case, we're given that:
- Sample size n = 90 > 30
- Sample mean =
= 138 - Sample standard deviation = s = 34
- Level of significance =
= 100% - confidence = 100% - 90% = 10% = 0.1 (converted percent to decimal).
At this level of significance, the critical value of Z is:
= ±1.645
Thus, we get:
![CI = \overline{x} \pm Z_{\alpha /2}\dfrac{s}{\sqrt{n}}\\CI = 138 \pm 1.645\times \dfrac{34}{\sqrt{90}}\\\\CI \approx 138 \pm 5.896\\CI \approx [138 - 5.896, 138 + 5.896]\\CI \approx [132.104, 143.896] \approx [130.10, 143.90]](https://tex.z-dn.net/?f=CI%20%3D%20%5Coverline%7Bx%7D%20%5Cpm%20Z_%7B%5Calpha%20%2F2%7D%5Cdfrac%7Bs%7D%7B%5Csqrt%7Bn%7D%7D%5C%5CCI%20%3D%20138%20%5Cpm%201.645%5Ctimes%20%5Cdfrac%7B34%7D%7B%5Csqrt%7B90%7D%7D%5C%5C%5C%5CCI%20%5Capprox%20138%20%5Cpm%205.896%5C%5CCI%20%5Capprox%20%5B138%20-%205.896%2C%20138%20%2B%205.896%5D%5C%5CCI%20%5Capprox%20%5B132.104%2C%20143.896%5D%20%5Capprox%20%5B130.10%2C%20143.90%5D)
Thus, the 90% confidence interval for the population mean of the considered population from the given sample data is given by: Option C: [130.10, 143.90]
Learn more about confidence interval for population mean from large samples here:
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