Answer:
A)
Note that
Lower Bound = X - z(alpha/2) * s / sqrt(n)
Upper Bound = X + z(alpha/2) * s / sqrt(n)
where
alpha/2 = (1 - confidence level)/2 = 0.025
X = sample mean = 1723.4
z(alpha/2) = critical z for the confidence interval = 1.959963985
s = sample standard deviation = 89.55083319
n = sample size = 30
Thus,
Lower bound = 1691.355235
Upper bound = 1755.444765
Thus, the confidence interval is
( 1691.355235 , 1755.444765 ) [ANSWER]
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b)
We assumed taht the distirbution of these observations is approximately normally distributed.
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c)
Yes, because the values are not far away from each other.
Answer: 3/10
Step-by-step explanation:
Answer:
y= 5x-3
Step-by-step explanation:
We have an intercept of -3 and a slope of 5
We can use the slope intercept form of the equation
y= mx+b where m is the slope and b is the y intercept
Substituting in the known values.
y= 5x-3
33/4 is the same as 8 1/4
so that means that matt bought the Volvo for 8 1/4 times as much as the car his parents bought.
therefore... 8,000 times 8.25 = 66,000