Supposing that the stock increases in 37 days, the 95% confidence interval for the proportion of days JMJ stock increases is: (0.484, 0.7292)
- The lower bound is of 0.484.
- The upper bound is of 0.7292.
- The interpretation is that we are <u>95% sure that the true proportion</u> of all days in which the JMJ stock increases <u>is between 0.484 and 0.7292.</u>
In a sample with a number n of people surveyed with a probability of a success of
, and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of
.
Supposing that it increases on 37 out of 61 days:
95% confidence level
So
, z is the value of Z that has a p-value of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 95% confidence interval for the proportion of days JMJ stock increases is (0.484, 0.7292), in which 0.484 is the lower bound and 0.7292 is the upper bound.
The interpretation is that we are <u>95% sure that the true proportion</u> of all days in which the JMJ stock increases <u>is between 0.484 and 0.7292.</u>
A similar problem is given at brainly.com/question/16807970
Answer:
Step-by-step explanation:
Answer: 1/5 of the total distance to his grandmothers house was traveled on Sunday
The total distance to to his grandmothers house is assumed to be 1
Marks family traveled 7/10 of the distance to his grandmothers house on Saturday. The remaining distance would
1 - 7/10 = 3 /10
They traveled 2/3 of the remaining distance on Sunday. This means that the distance that they travelled on Sunday is
2/3 × 3/10 = 2/10 = 1/5
Answer:
Yes.
Step-by-step explanation:
First, draw a vertical line. Then check the interception between the graph and a vertical line.
If the line intercepts the graph only one point, then it is a function. Otherwise, it is not. That includes two or more.
The graph shown in the picture is a function (Cubic Function).