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vagabundo [1.1K]
3 years ago
9

I'm a survey of 200 employees, 65% agreed that the management of the cafeteria should be changed. If the confidence interval is

95%, the margin of error for this survey is %, and the maximu
Mathematics
1 answer:
suter [353]3 years ago
5 0

Answer:

Step-by-step explanation:

Confidence interval for population proportion is expressed as

Sample proportion ± margin of error

Margin of error = z × √pq/n

Where

z represents the z score corresponding to the confidence level

p = sample proportion. It also means probability of success

q = probability of failure

q = 1 - p

From the information given,

Sample proportion, p = 65/100 = 0.65

q = 1 - 0.65 = 0.35

n = 200

To determine the z score, we subtract the confidence level from 100% to get α

α = 1 - 0.95 = 0.05

α/2 = 0.05/2 = 0.025

This is the area in each tail. Since we want the area in the middle, it becomes

1 - 0.025 = 0.975

The z score corresponding to the area on the z table is 1.96. Thus, the z score for a confidence level of 95% is 1.96

Margin of error = 1.96√(0.65)(0.35)/200

Margin of error = 0.066 = 6.6%

The maximum boundary of the interval is

0.65 + 0.066 = 0.716

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A careful reading of the problem gives you two equations in two unknowns, which you can then solve as simultaneous equations.  Here's how it looks:

Call 'C' the price of the senior <u>C</u>itizen ticket.
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On the first night . . .    10 C  +  12 S  =  208

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Those are your two simultaneous equations. Now the idea is to multiply or divide each side of one equation in such a way that when you add or subtract it from the other equation, one of the variables will become a zero quantity ...  you'll be left with an equation in one variable, which you can easily solve. THEN, knowing the value of one variable, you can put it back into one of the original equations,and find the value of the other variable.

This all sounds more complicated than it is.   Here's how it goes:
We have . . .

10 C  +  12 S  =  208  and
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I'm going to multiply each side of the second equation by  4, and then write it under the first one:

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Now, subtract the lower equation from the upper one, and you get . . .

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Divide each side of this one by  -22  and you have    <em>C = $4.00</em> .

THAT's what you need, to blow the whole problem wide open.  Knowing
the value of 'C', let's substitute it into the equation for the first night:

10 C  +  12 S  =  208

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Subtract  40  from each side :    12 S  =  168

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Finally, as we look over our results, and see that Students have to pay  $14  to see the show but Seniors can get in for only  $4 , we reflect on this ... or at least I do ... and realize that getting old is not necessarily all bad.
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