-1+1=0. So your answer is -1 and 1
Answer: point estimate = 3.88
Margin of error = 0.63
Step-by-step explanation:
Confidence interval is written in the form,
(Point estimate - margin of error, Point estimate + margin of error)
The sample mean, x is the point estimate for the population mean. Let m represent the margin of error. Since the confidence interval is given as (3.25 , 4.51), it means that
x - m = 3.25
x + m = 4.51
Adding both equations, it becomes
2x = 7.76
x = 7.76/2
x = 3.88
Substituting x = 3.88 into x + m = 4.51, it becomes
3.88 + m = 4.51
m = 4.51 - 3.88
m = 0.63
Male Female Total
Income over $50,000 485 385 870
Income below $50,000 65 65 130
<span>Total 550 450 1,000
Probability of being male: 550/1000 = 0.55
Probability of earning over $50,000: 870/1000 = 0.87
0.55 x 0.87 = 0.4785
Probability of being male and earning over $50,000: 485/550 = 0.8818
</span><span>C) No, P(being male | the person earns over $50,000) ≠ P(being male)</span><span>
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The employee's gross pay
$726.80