now, le'ts do the summation using 0.5n+2
(0.5(2.7) + 2)+(0.5(3.0) + 2)+(0.5(3.2) + 2)+(0.5(3.7) + 2)+(0.5(4.4) + 2)+(0.5(4.9) + 2)+(0.5(5.3) + 2)
which gives us 27.6. Now, the paper doesn't state, or at least I don't see it, but that's just the sum of the hours, to get the average we simply divide that by 7, the amount of items, and 27.6 ÷ 7 gives us about 3.94.
does it underestimate or overestimate the one found with the summation? well, the summation gave us 3.9 and 3.94 is just 0.04 or 4 hundredths above it.
Answer: 14.555
Step-by-step explanation: so you take $3.85 multiplied by 3 because they bought 3 toy cars plus a $4.56 and take the answer of that and divide by 2 because they split the cost. Hope this helps
Answer:
The lower bound of a 99% C.I for the proportion of defectives = 0.422
Step-by-step explanation:
From the given information:
The point estimate = sample proportion
= 0.55
At Confidence interval of 99%, the level of significance = 1 - 0.99
= 0.01
Then the margin of error
E = 0.128156
E ≅ 0.128
At 99% C.I for the population proportion p is:
= 0.55 - 0.128
= 0.422
Thus, the lower bound of a 99% C.I for the proportion of defectives = 0.422