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const2013 [10]
3 years ago
10

Please help me. I can't figure out how to get an equation

Mathematics
1 answer:
Eddi Din [679]3 years ago
8 0
A printer shop purchases a new printer fro $25,000
the equipment depreciates at a rate of 5% each year
the relationship between the value of the printer, y, and the year number, x can represented by the equation y=25,000*0.95^x
year 1: $23,750
year 2: $22,562.50
year 3: $21,434.38  
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In a simple random sample of 14001400 young​ people, 9090​% had earned a high school diploma. Complete parts a through d below.
ratelena [41]

Answer:

(a) The standard error is 0.0080.

(b) The margin of error is 1.6%.

(c) The 95% confidence interval for the percentage of all young people who earned a high school diploma is (88.4%, 91.6%).

(d) The percentage of young people who earn high school diplomas has ​increased.

Step-by-step explanation:

Let <em>p</em> = proportion of young people who had earned a high school diploma.

A sample of <em>n</em> = 1400 young people are selected.

The sample proportion of young people who had earned a high school diploma is:

\hat p=0.90

(a)

The standard error for the estimate of the percentage of all young people who earned a high school​ diploma is given by:

SE_{\hat p}=\sqrt{\frac{\hat p(1-\hat p)}{n}}

Compute the standard error value as follows:

SE_{\hat p}=\sqrt{\frac{\hat p(1-\hat p)}{n}}

       =\sqrt{\frac{0.90(1-0.90)}{1400}}\\

       =0.008

Thus, the standard error for the estimate of the percentage of all young people who earned a high school​ diploma is 0.0080.

(b)

The margin of error for (1 - <em>α</em>)% confidence interval for population proportion is:

MOE=z_{\alpha/2}\times SE_{\hat p}

Compute the critical value of <em>z</em> for 95% confidence level as follows:

z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96

Compute the margin of error as follows:

MOE=z_{\alpha/2}\times SE_{\hat p}

          =1.96\times 0.0080\\=0.01568\\\approx1.6\%

Thus, the margin of error is 1.6%.

(c)

Compute the 95% confidence interval for population proportion as follows:

CI=\hat p\pm MOE\\=0.90\pm 0.016\\=(0.884, 0.916)\\\approx (88.4\%,\ 91.6\%)

Thus, the 95% confidence interval for the percentage of all young people who earned a high school diploma is (88.4%, 91.6%).

(d)

To test whether the percentage of young people who earn high school diplomas has​ increased, the hypothesis is defined as:

<em>H₀</em>: The percentage of young people who earn high school diplomas has not​ increased, i.e. <em>p</em> = 0.80.

<em>Hₐ</em>: The percentage of young people who earn high school diplomas has not​ increased, i.e. <em>p</em> > 0.80.

Decision rule:

If the 95% confidence interval for proportions consists the null value, i.e. 0.80, then the null hypothesis will not be rejected and vice-versa.

The 95% confidence interval for the percentage of all young people who earned a high school diploma is (88.4%, 91.6%).

The confidence interval does not consist the null value of <em>p</em>, i.e. 0.80.

Thus, the null hypothesis is rejected.

Hence, it can be concluded that the percentage of young people who earn high school diplomas has ​increased.

8 0
3 years ago
A number x divided by 36
drek231 [11]

Answer:

x/36 is what you're looking for my guy

7 0
1 year ago
There are 4 triangles and 16 squares.what is the simplest ratio of triangles to square
brilliants [131]
1:4
The ratio of triangles to squares is 4:16 unsimplified because there are 4 triangles and 16 squares. To simplify the ratio, think of it as a fraction:
4/16
The fraction can be simplified to 1/4, meaning that the simplest ratio is 1:4.
5 0
3 years ago
SOMEONE PLEASEEEE HELPPPP?!?!?!?!!?
Zarrin [17]

Answer:

Step-by-step explanation:

Top/Bottom = 12

Sides = 15

Front/Back = 20

20 + 15 + 12 = 47

47 / 1/2 = 23.5

8 0
3 years ago
2(2x + 7) = 2 + 2x<br>A. One Solution <br>B. No Solution <br>C. Infinite Solutions​
Rudik [331]
B. I am so sorry if it is not right
5 0
3 years ago
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