Answer:
The solution is at the point (14, 15.5)
Step-by-step explanation:
I graphed the equations on the graph below.
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4. You purchase a new car for $53,000. It has a steady declining rate of 11.8% per year. Is this an
2 answers:
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Answer:
The 95% confidence interval for the true proportion of all voters in the state who favor approval is (0.4384, 0.5050).
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 zscore that has a pvalue of .
For this problem, we have that:
95% confidence level
So , z is the value of Z that has a pvalue of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 95% confidence interval for the true proportion of all voters in the state who favor approval is (0.4384, 0.5050).