3 1/3÷1/6I Mark brainlies
1 answer:
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Answer:
The 95% confidence interval for the population mean rating is (5.73, 6.95).
Step-by-step explanation:
We start by calculating the mean and standard deviation of the sample:
We have to calculate a 95% confidence interval for the mean.
The population standard deviation is not known, so we have to estimate it from the sample standard deviation and use a t-students distribution to calculate the critical value.
The sample mean is M=6.34.
The sample size is N=50.
When σ is not known, s divided by the square root of N is used as an estimate of σM:
The degrees of freedom for this sample size are:
The t-value for a 95% confidence interval and 49 degrees of freedom is t=2.01.
The margin of error (MOE) can be calculated as:
Then, the lower and upper bounds of the confidence interval are:
The 95% confidence interval for the mean is (5.73, 6.95).
Answer:
a. Let the variable be for the fundraising activities and
as the revenue for foundation.
b.
c. $43.2
d. $1416.67
Step-by-step explanation:
Given that:
The World Issues club donates 60% of the total of their fundraising activities.
Answer a.
Let us choose the variable to represent the money earned during fundraising activities and
for the revenue generated for foundation.
Answer b.
Foundation will receive 60% of the total of the fundraising activities.
Equation to determine the money that will be received by foundation:
Answer c.
Given that x = $72, M = ?
Putting the value of x in the equation above:
Answer d.
Given that M = $850, x = ?
Putting the value of M in the equation above to find x:
So, the answers are:
a. Let the variable be for the fundraising activities and
as the revenue for foundation.
b.
c. $43.2
d. $1416.67