1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spayn [35]
4 years ago
7

A marketing research company is estimating the average total compensation of CEOs in the service industry. Data were randomly co

llected from 18 CEOs and the 99 % confidence interval for the mean was calculated to be Explain what the phrase " 99 % confident" means.
Mathematics
1 answer:
daser333 [38]4 years ago
8 0

Answer:

Step-by-step explanation:

Confidence interval measures the degree of uncertainty and certainty and comprises a range of values that might contain an unknown population parameter. A 99% confidence interval means we can expect that 99% of the 18 samples taken contains the parameter mean values between the upper and the lower bound values from the data collected from the 18 CEOs.

You might be interested in
Identify the population parameter for the scenario below:A bank manager wants to know the average amount of time customers of hi
PolarNik [594]

Answer:

The correct option is;

A) The average wait time for the 300 customers polled

Step-by-step explanation:

Here we note that a population parameter is a quantity that is a numerical  characteristic of the entire population. It depicts the nature of the entire population or group. It is however not a statistic or sample or population subset data.

Example of population parameter includes the average values of a given statistic such as the average number of snack in a bag.

Therefore, the population parameter in the question is the verge wait time of 300 customers polled.

8 0
4 years ago
2 4/15 divided by 2 2/5
Olenka [21]
The answer would be 17/18 in lowest terms.
5 0
3 years ago
Mr. Taylor weighs 300 pounds. He went on the Subway diet and was guaranteed to lose 5 pounds per week. Write an equation that co
yaroslaw [1]

Answer:

1.) 300 - 5w = 150

2.) 30 weeks

Step-by-step explanation:

w = weeks on the diet

if every week he's on the diet, that means that the weeks * 5 is how many pounds he loses. If he's on the diet one week then he loses 5 pounds. 2 weeks then 10 pounds... etc. But because he's losing punds the value is negative

He starts at 300 pounds so the y-intercept (starting value) would be 300

Finally, because he's looking to get to 150 pounds, that is the final value you're solving for

So this is your firat equation:

300 - 5w = 150

Then we are looking for when two different eqaution have the same value.

Your equation is: 60 + 7w

Her equation is: 120 + 5w

Your final equation is 60 + 7w = 120 + 5w

Solve for this by getting w on one side, and your plain old variable-less value on the other. Do this by subtracting 5w from each side, as well as 60.

Your equation is now 2w = 60

Then divide the whole equation by 2, and you get w = 30

hope this helps, be safe :)

5 0
3 years ago
What is an equation of a line that passes through the point (-2 3) and is parallel to the line whose equation is y=3/2x-4?
AleksandrR [38]
Ssssjsjdjsjdndnjdjsjsjsjdjdjdjdjdjdkejenendkdjd

3 0
3 years ago
Solve the equation -9v – 9 = -27 for v.
sattari [20]

Answer:

v = -2

Step-by-step explanation:

-9v – 9 = -27

add 9 to each side

-9v – 9+9 = -27+9

-9v = -18

divide by -9

-9v/-9 = -18/-9

v = 2

4 0
3 years ago
Read 2 more answers
Other questions:
  • Joe has 45 minutes to go to soccer practice. He spent 20 minutes eating a snack and the rest of the time doing Homework. Write a
    14·1 answer
  • Please help means a lot
    10·2 answers
  • I'm super confused on parts g and h because no formula is given, just the limit values. These are the values:
    11·1 answer
  • 84=-19+a/4 wgat is tje answer
    10·2 answers
  • Use the function g(x)=5x−2
    13·1 answer
  • griffin ordered a pair of sneakers online. he had 16 credit that he applied toward the purchase, and then he used a credit card
    9·1 answer
  • How do you find the end behavior?
    14·1 answer
  • (09.02 HC)
    12·1 answer
  • O 20 40 60 80100 5.) Jo-Bob took a math quiz and got 17 out of 25 questions correct. What percent of the questions did he answer
    10·1 answer
  • Can anyone please help me with this I been working on this for hours
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!