The least common denominator of 36 and 48 is 2. :D
Mean is 45,000
median is 1,500
The confidence interval is from 9.81 to 10.19.
We first find the mean of the data:
<span>(9.8+10.2+10.4+9.8+10.0+10.2+9.6)/7 = 10
Next we find the standard deviation:
</span>σ=√([<span>(9.8-10)^2+(10.2-10)^2+(10.4-10)^2+(9.8-10)^2+(10-10)^2+(10.2-10)^2+(9.6-10)^2]/7) = 0.262
The z-score for 95% confidence is found by
1-0.95 = 0.05; 0.05/2 = 0.025; from the z-table, it is 1.96.
The confidence interval is calculated using
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Answer:
the slope is 3
Step-by-step explanation: