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Akimi4 [234]
3 years ago
15

Can someone explain this to me I need help T_T

Mathematics
1 answer:
vaieri [72.5K]3 years ago
4 0

Answer: 6,800,000 people

Step-by-step explanation:

We are looking for the number of people, not the percentage of wealth that has been made up by the people.

2% of the people are the richest in the United States, and there are 340,000,000 people in total in the United States.

2% = 0.02

340,000,000 * 0.02 = 6,800,000

I hope this was helpful! :)

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An archaeologist uses an accelerator mass spectrometer to find the age of a buried branch. At the 68\%68%68, percent confidence
Komok [63]

Answer:

B. 10000 years old, with a margin of error of 400 years

Step-by-step explanation:

Assuming this complete problem: "12. An archaeologist uses an accelerator mass spectrometer to find the age of a buried branch. At the 68% confidence level, the spectrometer estimates that the branch was 10,000 years old with a following could the spectrometer estimate as the age of the branch at the 95% confidence level?"

The possible options are:

A. 9500 years old, with a margin of error of 500 years

B. 10000 years old, with a margin of error of 400 years

C. 9500 years olds, with a margin of error of 50 years

D. 10000 years old, with a margin of error of 40 year

Solution to the problem

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

\bar X represent the sample mean for the sample  

\mu population mean (variable of interest)

s represent the sample standard deviation

n represent the sample size  

The confidence interval for the mean is given by the following formula:

\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}   (1)

The margin of error for this case is given by this formula:

ME= z_{\alpha/2}\frac{\sigma}{\sqrt{n}}

For the first case the confidence was 68% so then \alpha =1-0.68 =0.32 and \alpha/2 =0.16 we can find a critical value on the normal standard distribution that accumulates 0.16 of the area on each tail and this value is z=\pm 0.994, because P(z<-0.944) = 0.16 and P(Z>.944) = 0.16

The margin of error can be expressed like this:

ME = z_{\alpha/2} SE

We can solve for the standard error on this case and we got:

SE = \frac{ME}{z_{\alpha/2}} =\frac{200}{0.994}=201.207

And then for the new confidence interval we need to calculate the new z_{\alpha}. For the first case the confidence was 95% so then \alpha =1-0.95 =0.05 and \alpha/2 =0.025 we can find a critical value on the normal standard distribution that accumulates 0.025 of the area on each tail and this value is z=\pm 1.96, because P(z<-1.96) = 0.025 and P(Z>1.96) = 0.025. So then the new margin of error would be:

ME = z_{\alpha/2} SE = 1.96*201.207=394.366

The estimation for the mean not changes and from the before and new case is 1000 years. So then the best option for this case would be:

B. 10000 years old, with a margin of error of 400 years

And makes sense since a larger confidence interval means a wider interval.

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muminat
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Step-by-step explanation:

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