Because if that point is true than everything on that side of the number line is true. Visa versa.
Answer:
a. Identify the population of interest in this study.
- all the population of the country
b. Identify the sample for the study.
- 50 adults (the ones that were surveyed)
c. Identify the parameter of interest in the study.
- the parameter of interest is the people that believe that coffee shops are overpriced
d. Find and interpret a 95% confidence interval for the parameter of interest.
z score for a 95% confidence level = 1.96
margin of error (E) = z score x √{[0.4(1 - 0.4)] / 50} = 1.96 x 0.069282 = 0.13579
95% confidence level interval:
0.4 - 0.13579 = 0.26421
0.4 + 0.13579 = 0.53579
- 95% confidence interval (0.26421 , 0.53579)
Since this is a compound interest problem, you have to take note that the amount Catherine will get per year is not the same. It will increase per year since it is compounded. So first, we get the amount after one year. This will be 7000 x 0.04 which is 280 plus 7280. In the second year, she will get 7571 (7280 x 0.04 + 7280). In the third year, she will get 7874 (7571 x 0.04 + 7571). In the fourth year, she will get 8189 (7874 x 0.04 + 7874). And finally in the fifth year, she will get 8517 (8189 x 0.04 +8189). So after five years, she has 8517
We are given a table showing the population and the area of different cities, A, B, C and D. To calculate the population density, divide the population over the total area of the city. The following statements are true:
<span>--The population density of City B is greater than that of City C.
--City D has the lowest population density of the four cities.
</span><span>--The population density for City B can be found using the ratio 48,592 : 26.</span><span>
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