The sample size of 36 will produce the widest 95% confidence interval when estimating the population parameter option (b) is correct.
<h3>What are population and sample?</h3>
It is described as a collection of data with the same entity that is linked to a problem. The sample is a subset of the population, yet it is still a part of it.
We have:
A sample has a sample proportion of 0.3.
Level of confidence = 95%
At the same confidence level, the larger the sample size, the narrower the confidence interval.
As we have a 95% confidence interval the sample size should be lower.
The sample size from the option = 36 (lower value)
Thus, the sample size of 36 will produce the widest 95% confidence interval when estimating the population parameter option (b) is correct.
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3 is the greatest common denominator
Hi there! So the the new price is $93, and went up from $55. Let's subtract the numbers. 93 - 55 is 38. The change is 38. To find the percent markup, we can write and solve a proportion. Set it up like this:
38/55 = x/100
This is because the amount of change goes above the original (55), and x represents the percent out of 100. We are looking for the markup. Let's cross multiply the values. 100 * 38 is 3,800. 55 * x is 55x. 3,800 = 55x. Now, divide each side by 55 to isolate the x. 55x/55 cancels out. 3,800/55 is 69.0909 or 69 when rounded to the nearest whole number. There. The percent of markup is approx. 69%.
Answer:
yes but it would be an incomplete fraction
Step-by-step explanation: