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2 years ago

1.Phone company A charges $20 a month and $0.10 per minute of phone calls. Phone Company B charges

Mathematics

1 answer:

Shtirlitz [24]2 years ago

7 0

I might be wrong but I think it's 50 minutes.

$0.10 x 50min = $5

$20 + $5 = $25

$0.20 x 50min = $10

$15 + $10 = $25

So, it's 50 minutes.

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Answer:

The minimum sample size required to create the specified confidence interval is 2229.

Step-by-step explanation:

We have that to find our $\alpha$ level, that is the subtraction of 1 by the confidence interval divided by 2. So:

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So it is z with a pvalue of $1-0.005 = 0.995$ , so $z = 2.575$

Now, find the margin of error M as such

$M = z*\frac{\sigma}{\sqrt{n}}$

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What is the minimum sample size required to create the specified confidence interval

This is n when $M = 0.06, \sigma = 1.1$

$0.06 = 2.575*\frac{1.1}{\sqrt{n}}$

$0.06\sqrt{n} = 2.575*1.1$

$\sqrt{n} = \frac{2.575*1.1}{0.06}$

$(\sqrt{n})^{2} = (\frac{2.575*1.1}{0.06})^{2}$

$n = 2228.6$

Rounding up

The minimum sample size required to create the specified confidence interval is 2229.

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