Answer:
The best conclusion is that we are 90% that the true population proportion of Republicans that voted for Mitt Romney is between 0.7273 and 0.8106.
Step-by-step explanation:
x% confidence interval:
A confidence interval is built from a sample, has bounds a and b, and has a confidence level of x%. It means that we are x% confident that the population mean is between a and b.
In this question:
The 90% confidence interval for the proportion of Republican voters that had voted for Mitt Romney is (0.7273, 0.8106). The best conclusion is that we are 90% that the true population proportion of Republicans that voted for Mitt Romney is between 0.7273 and 0.8106.
No idea what this is, sorry
Answer:
126
Step-by-step explanation:
6(14 + 7).
Distribute
6*14 + 6*7
84 + 42
126
Answer: (22) $9,075 (23) $656.25 (24) $217.13
<u>Step-by-step explanation:</u>
Cost Function: C(x) = 5.75x + 8,000
C(10,000) = 5.75(10,000) + 8,000
= 57,500 + 8,000
= 65,500
Revenue Function: R(x) = 9.50x
R(7,850) = 9.50(7,850)
= 74,575
Profit Function: P(x) = R(x) - C(x)
= 74,575 - 65,500
= 9,075
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Retail = Unit Cost + Unit Cost × Markup
= $375 + $375 × .75
= $375 + $281.25
= $656.25
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$225 but if paid within 10 days there is a 3.5% discount
Discount = $225 - $225 × .035
= $225 - $7.88
= $217.13