-0.005,-45,0.34,3,10,1000
Answer: should be 20
Step-by-step explanation:
Answer:
555.56
Step-by-step explanation:
Purpose of the study: To determine if women are better drivers than men.
Survey or Opinion population: 1,000
You are experimenting on 9 out of a thousand opinions.
5 of these opinions are that women are better drivers
4 of these opinions are that women are not better drivers
You want to know the <em>sample</em> (full sample size is 9) <em>proportion</em> for women as better drivers; using the large sample method. This method is also called the asymptotic method.
This involves approximating the desired statistic, with just a small fraction of the population; in this case, 9/1000.
This approximation will get more and more accurate as sample size increases and you know that a larger sample size gives a better representation and interpretation of the population preference!
So using ratio, the sample proportion for women as the better drivers is given by:
5/9 x 1000 = 555.56 opinions
Y=-5x+b
using (5,22) y= -5x+22
using (-5,-29) y= -5x-29
Let us just say that you were able to sell 1,000 units. You will be having your sales amounting to $29,000 less your variable expenses amounting to $24360 less your fixed expenses giving you $10,208, giving you net loss of $5,568
