Answer:
dividing by a fraction is multiplying by the reciprocal.
This example swaps the left hand in stead of the right hand.
Step-by-step explanation:
So the correct approach would have been:
The value of Maggie’s car decreased by 20% since last year when she bought it if the car is not worth 21,000 how much was the ca
1 answer:
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Answer:
The 90% confidence interval for the population proportion of all such firms with this as the primary motivation is (69.96%, 80.04%).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
The Corporate Lawyer, a magazine for corporate lawyers, reported that out of 200 firms with employee stock ownership plans, 150 indicated that the primary reason for setting up the plan was tax related.
This means that
90% confidence level
So , z is the value of Z that has a p-value of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
As percent:
0.6996*100% = 69.96%
0.8004*100% = 80.04%.
The 90% confidence interval for the population proportion of all such firms with this as the primary motivation is (69.96%, 80.04%).