a shopkeeper buys cocacola 60 rupees a dozen and sell 6 rupees per bottle find his profit or loss persentage
2 answers:
You might be interested in
Answer:
The 99% confidence interval to estimate the mean loss in sodium in the population is between 474.10 milligrams and 525.90 milligrams. This means that we are 99% that the true mean loss in sodium in the population is between 474.10 milligrams and 525.90 milligrams.
Step-by-step explanation:
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
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 mean subtracted by M. So it is 500 - 25.90 = 474.10 milligrams.
The upper end of the interval is the mean added to M. So it is 500 + 25.90 = 525.90 milligrams
The 99% confidence interval to estimate the mean loss in sodium in the population is between 474.10 milligrams and 525.90 milligrams. This means that we are 99% that the true mean loss in sodium in the population is between 474.10 milligrams and 525.90 milligrams.