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GalinKa [24]
3 years ago
10

A researcher wishes to estimate the proportion of adults who have​ high-speed Internet access. What size sample should be obtain

ed if she wishes the estimate to be within 0.01 with 95​% confidence if ​she uses a previous estimate of 0.32​?
Mathematics
1 answer:
slega [8]3 years ago
5 0

Answer: 8359

Step-by-step explanation:

The formula for sample size needed for interval estimate of population proportion :-

n=p(1-p)(\frac{z_{\alpha/2}}{E})^2

Given : The significance level : \alpha=1-0.95=0.05

Critical value : z_{\alpha/2}}=z_{0.025}=\pm1.96

Previous estimate of proportion : p=0.32

Margin of error : E=0.01

Now, the required sample size will be :-

n=0.32(1-0.32)(\frac{1.96}{0.01})^2=8359.3216\approx8359

Hence, the required sample size = 8359

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In 1999, the share price for General Motors stock was $144 per share but has been declining at an average rate of 14% per year.
vodomira [7]

Answer:  $5.22  (in the year 2021)

========================================================

Explanation:

The year 2021 is 22 years after 1999 since

2021 - 1999 = 22

That means we'll plug x = 22 into the equation given to us

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P = 5.21588994768589 which is approximate

P = 5.22 rounding to the nearest cent

The share price is about $5.22 in the year 2021.

This assumes that the 14% decline keeps happening year after year; however, in reality, stocks are more complicated and fluctuate more randomly if anything.

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Answer:

The total cost will be the same for both companies after 20 miles.

Step-by-step explanation:

First, I wrote the equations:

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Step-by-step explanation:

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