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Akimi4 [234]
3 years ago
11

In a simple random sample of 1300 voters, 19% said they would prefer to vote online.

Mathematics
1 answer:
dsp733 years ago
8 0

Solution:

Formula for calculation of 99% confidence interval is given by:

= P \pm (\text{Z value} )\sqrt\frac {P\times(1-P)}{N}

P= Sample Proportion

N =Sample Size

Also,Number of voters who vote online=  19 % of 1300=19 × 13=247

Sample Population= =\frac{247}{1300}=0.19

Z value for 99% confidence interval=2.58

The number of voters who vote online, who are in the 99% confidence interval for the percent of all voters who would prefer to vote online= 0.19 \pm (2.58)\sqrt\frac{0.19 \times (1-0.19)}{1300}\\\\ =0.19 + (2.58)\sqrt\frac{0.19 \times (1-0.19)}{1300} {\text{or}} 0.19 - (2.58)\sqrt\frac{0.19 \times (1-0.19)}{1300}\\\\ 0.2180 {\text{or}} 0.1619

So, Percent of voters , who  are in the 99% confidence interval for the percent of all voters who would prefer to vote online= 100 × 0.2180 or 100 × 0.1619=21.80 % or 16.19 %

That is between, 16.19 % and 21.80 %.

→→Option (A) 19.8 % and Option (B)17.4 % are in 99 % confidence intervals.


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An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.

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Answer:

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Step-by-step explanation:

Data

Center = (-10, 6)

radius = 8

Process

1.- To find the answer to your question just substitute the values in the standard form of the circle.

Equation

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Substitution

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Simplification

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