Answer:
A) sample mean = $1.36 million
B) standard deviation = $0.9189 million
C) confidence interval = ($1.93 million , $0.79 million)
*since the sample size is very small, the confidence interval is not valid.
Step-by-step explanation:
samples:
- $2.7 million
- $2.4 million
- $2.2 million
- $2 million
- $1.5 million
- $1.5 million
- $0.5 million
- $0.5 million
- $0.2 million
- $0.1 million
sample mean = $1.36 million
the standard deviation:
- $2.7 million - $1.36 million = 1.34² = 1.7956
- $2.4 million - $1.36 million = 1.04² = 1.0816
- $2.2 million - $1.36 million = 0.84² = 0.7056
- $2 million - $1.36 million = 0.64² = 0.4096
- $1.5 million - $1.36 million = 0.14² = 0.0196
- $1.5 million - $1.36 million = 0.14² = 0.0196
- $0.5 million - $1.36 million = -0.86² = 0.7396
- $0.5 million - $1.36 million = -0.86² = 0.7396
- $0.2 million - $1.36 million = -1.16² = 1.3456
- $0.1 million - $1.36 million = -1.26² = 1.5876
- total $8.444 million / 10 = $0.8444 million
standard deviation = √0.8444 = 0.9189
95% confidence interval = mean +/- 1.96 standard deviations/√n:
$1.36 million + [(1.96 x $0.9189 million)/√10] = $1.36 million + $0.57 million = $1.93 million
$1.36 million - $0.57 million = $0.79 million
Answer:
40 degrees and 45 degrees
Step-by-step explanation:
If you subtract 95 degrees from a 180-degree triangle, you are left with 85 degrees. To proportionally split them, find two values that add to the same value. Since 40 and 45 make up 80 and they multiply by two to make 80:90, these are the two measures.
Answer:
it's A
Step-by-step explanation:
The factored form of an equation is the simplest form of the equation that is obtained by factoring out a common variable or constant from multiple terms. Many types of polynomials are presentable in factored form, but the more terms an equation contains, the more difficult it is to find common factors.
Answer:
a) 0.50575,
b) 0.042
Step-by-step explanation:
Example 1.5. A person goes shopping 3 times. The probability of buying a good product for the first time is 0.7.
If the first time you can buy good products, the next time you can buy good products is 0.85; (I interpret this as, if you buy a good product, then the next time you buy a good product is 0.85).
And if the last time I bought a bad product, the next time I bought a good one is 0.6. Calculate the probability that:
a) All three times the person bought good goods.
P(Good on 1st shopping event AND Good on 2nd shopping event AND Good on 3rd shopping event) =
P(Good on 1st shopping event) *P(Good on 2nd shopping event | Good on 1st shopping event) * P(Good on 3rd shopping event | 1st and 2nd shopping events yield Good) =
(0.7)(0.85)(0.85) =
0.50575
b) Only the second time that person buys a bad product.
P(Good on 1st shopping event AND Bad on 2nd shopping event AND Good on 3rd shopping event) =
P(Good on 1st shopping event) *P(Bad on 2nd shopping event | Good on 1st shopping event) * P(Good on 3rd shopping event | 1st is Good and 2nd is Bad shopping events) =
(0.7)(1-0.85)(1-0.6) =
(0.7)(0.15)(0.4) =
0.042
