H/2 + 21 - k if h=20 and k=89
2 answers:
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Answer:
Option 2: 1.5 is the correct answer.
Step-by-step explanation:
Given information is:
Mean = μ = $27
SD = σ = $5.50
A z-score simply tells us how far a selected data value from the mean is.
Z-score is denoted by z and is given by the formula:
Let x = $35.25
Putting the values of mean and SD we get,
The value of z-score for a price of $35.25 per barrel is 1.5
Hence,
Option 2: 1.5 is the correct answer.
The 98% confidence interval for the mean gas mileage for this car model is (26.07,30.73).
Confidence intervals are defined as a range of values with a known chance that a parameter's value falls inside them.
The confidence interval of statistical data is computed using the formula:
where is the mean, Z is the Z-score corresponding to the confidence interval, σ is the standard deviation, and n is the sample size.
In the question, the sample size (n) = 36, the mean of the sample () = 28.4 mi/gallon, the standard deviation (σ) = 6 mi/gallon.
The confidence interval given to us is 98%.
Z-score corresponding to this (Z) = 2.33.
Thus, the confidence interval can be calculated as:
(28.4 - 2.33{6/√36},28.4 + 2.33{6/√36})
= (28.4 - 2.33,28.4 + 2.33)
= (26.07,30.73).
Thus, the 98% confidence interval for the mean gas mileage for this car model is (26.07,30.73).
Learn more about constructing confidence intervals at
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