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3 years ago

7

A new bookcase costs $76 if you buy it already painted the color you want. If you buy it unfinished (not painted at all) then it

’s only $58.
What percentage is the discount if you buy the bookcase unfinished? Round your answer to the nearest whole percent.

1 answer:

lapo4ka [179]3 years ago

8 0

23.68421053%

.................

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A high school principal wishes to estimate how well his students are doing in math. Using 40 randomly chosen tests, he finds tha

ollegr [7]

Answer:

99% confidence interval for the population proportion of passing test scores is [0.5986 , 0.9414].

Step-by-step explanation:

We are given that a high school principal wishes to estimate how well his students are doing in math.

Using 40 randomly chosen tests, he finds that 77% of them received a passing grade.

Firstly, the pivotal quantity for 99% confidence interval for the population proportion is given by;

P.Q. = $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ~ N(0,1)

where, $\hat p$ = sample proportion of students received a passing grade = 77%

n = sample of tests = 40

p = population proportion

<em>Here for constructing 99% confidence interval we have used One-sample z proportion test statistics.</em>

So, 99% confidence interval for the population proportion, p is ;

P(-2.5758 < N(0,1) < 2.5758) = 0.99 {As the critical value of z at 0.5%

level of significance are -2.5758 & 2.5758}

P(-2.5758 < $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < 2.5758) = 0.99

P( $-2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < ${\hat p-p}$ < $2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.99

P( $\hat p-2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < p < $\hat p+2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.99

<u>99% confidence interval for p</u> = [ $\hat p-2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ , $\hat p+2.5758 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ]

= [ $0.77-2.5758 \times {\sqrt{\frac{0.77(1-0.77)}{40} } }$ , $0.77+2.5758 \times {\sqrt{\frac{0.77(1-0.77)}{40} } }$ ]

= [0.5986 , 0.9414]

Therefore, 99% confidence interval for the population proportion of passing test scores is [0.5986 , 0.9414].

Lower bound of interval = 0.5986

Upper bound of interval = 0.9414

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