Can someone answer this question please please help me I really need it if it’s correct I will mark you brainliest .
1 answer:
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Answer:
a)
b) Lower endpoint: 0.422cc/m³
Upper endpoint: 0.452 cc/m³
Step-by-step explanation:
Population is approximately normal, so we can find the normal confidence interval.
We have that to find our level, that is the subtraction of 1 by the confidence interval divided by 2. So:
Now, we have to find z in the Ztable as such z has a pvalue of .
So it is z with a pvalue of , so
. This is the critical value, the answer for a).
Now, find M as such
In which is the standard deviation of the population and n is the size of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 0.437 - 0.015 = 0.422cc/m³.
The upper end of the interval is the sample mean added to M. So it is 0.437 + 0.015 = 0.452 cc/m³.
b)
Lower endpoint: 0.422cc/m³
Upper endpoint: 0.452 cc/m³
Answer:
The maximum cost is 41 dollars per necklace.
Step-by-step explanation:
The average cost in dollars/necklace is given by :
.....(1)
Where
x is the number of necklaces that are created
To maximize the cost, find the value of x by putting dC/dx = 0
Now put the value of x = 7 in equation (1).
Hence, the maximum cost is 41 dollars per necklace.