Answer:
90 Confidence Interval for the proportion = [ 0.216,0.334]
Step-by-step explanation:
The confidence interval for proportion formula =
p ± z × √p(1 - p)/n
Where p = x/n
x = 42
n = number of samples = 153
p = 42/153
p = 0.2745098039 ≈ 0.275
z = z score of 90% confidence interval = 1.645
Confidence interval =
0.275 ± 1.645 × √0.275 - ( 1 - 0.275)/153
= 0.275 ± 1.645 × √0.0013031046
= 0.275 ± 0.0593820985
Confidence Interval
= 0.275 - 0.0593820985
= 0.2156179015
≈ 0.216
= 0.275 + 0.0593820985
= 0.3343820985
≈ 0.334
90 Confidence Interval for the proportion = [ 0.216,0.334]
<span><span>6.93 = <span>693/100
</span></span><span>
Divide: 7 / 6.93 = <span>71</span> · <span>100693</span> = <span>7 · 1001 · 693</span> = <span>700693</span> = <span>10099
</span>
To divide one fraction by another, invert (turn upside-down) the second fraction, then multiply.</span></span>
From x=1 to x=5
x=1 is starting time
x=time
y=mx+b
m=slope
b=yintercept
slope=(y2-y1)/(x2-x1)
for points (x1,y1) and (x2,y2)
(1,52000) and (5,116000)
slope=(116000-52000)/(5-1)=64000/4=16000
y=16000x+b
find b
(1,52000)
52000=16000(1)+b
52000=16000+b
minus 16000 from both sides
36000=b
the equation is
y=16000x+36000
at 12 years, x=12
y=16000(x)+36000
y=16000(12)+36000
y=192000+36000
y=228000
sales at year 12 is $228,000
