Answer: A. We are 99% confident that the interval from 4.1 to 5.6 actually does contain the true value of mu.
Step-by-step explanation:
The correct interpretation of a 99% confidence interval is that we are 99% confident that the true population mean falls in it.
Given 99% confidence interval :
Then, the correct interpretation : We are 99% confident that the interval from 4.1 to 5.6 actually does contain the true value of mu.
Answer:
The Company AB must sell 116 computers to break even
Step-by-step explanation:
we have
-----> equation A
----> equation B
where
C is the cost function
R is the revenue function
x is the number of computers sold
we know that
Break even is when the cost is equal to the revenue
so
equate equation A and equation B
Solve for x
subtract 1/4x both sides
Divide by 1.25 both sides
therefore
The Company AB must sell 116 computers to break even
Answer with Step-by-step explanation:
We are given that
Where t corresponds to the year 2000=0
a.
Substitute the values
b.In 2004
t=4
c.In 2013
t=13