Answer:
The cost is y = $185
Step-by-step explanation:
Let us have points spelt out here
(2500,125) and (3200,146)
The general form of a straight line equation is;
y = mx + b
where m is slope
So to calculate the slope in this case, we have
m = (146-125)/(3200-2500)
m = 21/700 = 0.03
So we have the equation as
y = 0.03x + b
To get b, we use any of the two points
Let us use (2500,125)
So we have
125 = 0.03(2500) + b
125 = 75 + b
b = 125-75
b = 50
So the complete equation of the line is;
y = 0.03x + 50
So here, we want to find the cost of a house with 4500 square feet
simply substitute 4,500 for x
y = 0.03(4500) + 50
y = 135 + 50
y = $185
1) <span>95.65217391%
3)</span><span>-61.25%
5)</span><span>-29.54545454%</span>
Answer:
Part A: yes
Part B: 50%
Step-by-step explanation:
There are two ways we can use a normal approximation for a sample: if the population it is from is normally distributed, or if the sample is sufficiently large (n > 30). In this case, we don't know if the population is normally distributed, but we do know the sample size is larger than 30, so we can use normal approximation.
The sample proportion is normally distributed, with a mean equal to the mean of the population. So there is a 50% chance that sample proportion is less than the population proportion.