Given:
p = 20% = 0.2, sample proportion
n = 5000, sample size.
Confidence level = 95%
The confidence interval is
(p - 1.96k, p + 1.96k)
where

Therefore the 95% confidence interval is
(0.1943, 0.2057) = (19.4%, 20.6%)
Answer: The 95% confidence interval is (19.4%, 20.6%)
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Answer:
-$2.32
Step-by-step explanation:
Give that
The selling price per ticket is $9
And the number of tickets sold is 500
So,
There is one grand prize, three $300 second prize, and eleven $40 third prizes
We need to find out the expected value of the profit

= 4 + 1.8 + 0.88
= 6.68
Now the expected profit is
= $6.68 - $9
= -$2.32
Answer:
You need to use the graph's equation and find the answer of y when x is 0 as this will give y when it is on the y axis.
To do this, substitute in 0 were x is in the equation and you will find the y intercept