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)
Answer:
$5,500
Step-by-step explanation:
Since Landen Company uses a single overhead rate of $100 per direct labor hour, the total amount allocated to the deluxe and basic chairs is given by the sum of the DLH used up for both products multiplied by the overhead rate:
The total amount allocated to these products is $5,500.
The correct answer is A, if you use photomath you can usually find the answers to most algebra problems
And? It’s there a full question?
