Answer: D) Increase the sample size and decrease the confidence level.
Step-by-step explanation:
A reduced interval width means that the data is more accurate. This can only be achieved if the sample size is increased because a larger sample size is able to capture more of the characteristics of the variables being tested.
A smaller confidence interval will also lead to a reduced interval width because it means that the chances of the prediction being correct have increased.
Answer:
<u>$4800</u>
Step-by-step explanation:
The expected net income is the probability when rains multiplied by net income (profit) summed with the probability of not raining with that days net income multiplied.
First, Chance of rain = 12% = 12/100 = 0.12
Profit/Loss = Income - Cost
Income is 5000
Cost = 9000
So,
Loss = 5000 - 9000 = 4000
Or, Net Income (profit) = - 4000
Now, Change of not raining = 100 - 12 = 88% = 88/100 = 0.88
Profit = Income - Cost
Income = 15,000
Cost = 9000
Net Income (profit) = 15000 - 9000 = 6000
So, we can write the expected net income as:
<u>Expected NI </u>= (0.12)(-4000) + (0.88)(6000) = <u>$4800</u>
Answer:

Step-by-step explanation:
Given

Required
Solve for x

Open all brackets




Collect like terms


Solve fraction


Multiply both sides by 6



Answer:
The answer is 140
Step-by-step explanation:
When the total measurements of the six-shaped corners is equal 720
Then x equal to

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Answer:
c. The mean is the same as the average. The average is (6 * 5 + 7 * 4 + 8 * 7 + 9 * 10 + 10 * 4) / (5 + 4 + 7 + 10 + 4) = 244 / 30 = 8.133.