Melissa had $24 dollars to spend on school supplies. After buying 10 pens, she had $12.20 left.
2 answers:
You might be interested in
We cannot calculate the confidence interval without the sample size. However, for the second question, the sample size needed would be 49.
The formula we use is
To find the z-score:
Convert 98% to a decimal: 0.98
Subtract from 1: 1-0.98 = 0.02
Divide by 2: 0.02/2 = 0.01
Subtract from 1: 1-0.01 = 0.99
Using a z-table (http://www.z-table.com) we see that this value is closest to a z-score of 2.33.
Using the z-score, our standard deviation (9) and our margin of error (3), we have:
The formula we use is
To find the z-score:
Convert 98% to a decimal: 0.98
Subtract from 1: 1-0.98 = 0.02
Divide by 2: 0.02/2 = 0.01
Subtract from 1: 1-0.01 = 0.99
Using a z-table (http://www.z-table.com) we see that this value is closest to a z-score of 2.33.
Using the z-score, our standard deviation (9) and our margin of error (3), we have: