SOLUTION:
Step 1 :
In this question, we are told that a marketing research company needs to estimate the average total compensation of CEOs in the service industry.
We also have that: Data were randomly collected from 38 CEOs and the 98% confidence interval was calculated to be ($2,181,260, $5,836,180).
Then, we are asked to find the margin error for the confidence interval.
Step 2:
We need to recall that:
![\text{Higher Confidence Interval, CI}_{H\text{ = }}X\text{ + }\frac{Z\sigma}{\sqrt[]{n}}](https://tex.z-dn.net/?f=%5Ctext%7BHigher%20Confidence%20Interval%2C%20CI%7D_%7BH%5Ctext%7B%20%3D%20%7D%7DX%5Ctext%7B%20%2B%20%7D%5Cfrac%7BZ%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%7D)
![\text{Lower Confidence Interval , CI}_{L\text{ }}=\text{ X - }\frac{Z\sigma}{\sqrt[]{n}}](https://tex.z-dn.net/?f=%5Ctext%7BLower%20Confidence%20Interval%20%2C%20CI%7D_%7BL%5Ctext%7B%20%7D%7D%3D%5Ctext%7B%20X%20-%20%7D%5Cfrac%7BZ%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%7D)
It means that:
![\text{Margin of error, }\frac{Z\sigma}{\sqrt[]{n}\text{ }}\text{ = }\frac{CI_{H\text{ - }}CI_L}{2}](https://tex.z-dn.net/?f=%5Ctext%7BMargin%20of%20error%2C%20%7D%5Cfrac%7BZ%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%5Ctext%7B%20%7D%7D%5Ctext%7B%20%3D%20%7D%5Cfrac%7BCI_%7BH%5Ctext%7B%20-%20%7D%7DCI_L%7D%7B2%7D)
where,
putting the values into the equation for the margin of error, we have that:
![\text{Margin of error,}\frac{Z\sigma}{\sqrt[]{n}\text{ }}\text{ = }\frac{5,836,180\text{ - }2,181,260\text{ }}{2}](https://tex.z-dn.net/?f=%5Ctext%7BMargin%20of%20error%2C%7D%5Cfrac%7BZ%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%5Ctext%7B%20%7D%7D%5Ctext%7B%20%3D%20%7D%5Cfrac%7B5%2C836%2C180%5Ctext%7B%20%20-%20%7D2%2C181%2C260%5Ctext%7B%20%7D%7D%7B2%7D)
CONCLUSION:
The margin error for the confidence interval is 1, 827, 460
Answer:
The inverse function h(x) = 4x + 48
Step-by-step explanation:
Here, we want to find the inverse of a function
The function is;
f(x) = x/4 -12
now, let this value equals m
so;
m = x/4 -12
we now try and make x the subject formula and this gives us the inverse.
m = (x-48)/4
4m = x -48
x = 4m + 48
substitute m for x
which implies 4x + 48
This is the inverse of the function
Answer:
Endpoint at one end and an arrow at the other end.
Step-by-step explanation:
Answer:
L(18, 20)
Step-by-step explanation:
In JL, K is the midpoint. The coordinates of J are (2, 2), and the
coordinates of K are (10, 11). What are the coordinates of L?
Solution:
If O(x, y) is the midpoint between two points A(
) and B(
). The equation to determine the location of O is given by:
Since JL is a line segment and K is the midpoint. Given the location of J as (2, 2) and K as (10, 11). Let () be the coordinate of L. Therefore:
Therefore L = (18, 20)
Answer: option A) 1/3
Justification:
1) The probability that a point chosen at random <span>in the regular hexagon lies in the shaded region is equal to:
area of the shaded region
---------------------------------------
area of the hexagon
2) The hexagon is formed by 6 equal triangles and the shaded area is formed by 2 of those triangles.
3) Therefor,naming x the area of one triangle, the the above fraction is equal to:
area of two triangles 2x
------------------------------- = -------- = 2/6 = 1/3
area of six triangles 6x
And that is the answer: 1/3
</span>
