We have a sample of 28 data points. The sample mean is 30.0 and the sample standard deviation is 2.40. The confidence level required is 98%. Then, we calculate α by:
The confidence interval for the population mean, given the sample mean μ and the sample standard deviation σ, can be calculated as:
![CI(\mu)=\lbrack x-Z_{1-\frac{\alpha}{2}}\cdot\frac{\sigma}{\sqrt[]{n}},x+Z_{1-\frac{\alpha}{2}}\cdot\frac{\sigma}{\sqrt[]{n}}\rbrack](https://tex.z-dn.net/?f=CI%28%5Cmu%29%3D%5Clbrack%20x-Z_%7B1-%5Cfrac%7B%5Calpha%7D%7B2%7D%7D%5Ccdot%5Cfrac%7B%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%7D%2Cx%2BZ_%7B1-%5Cfrac%7B%5Calpha%7D%7B2%7D%7D%5Ccdot%5Cfrac%7B%5Csigma%7D%7B%5Csqrt%5B%5D%7Bn%7D%7D%5Crbrack)
Where n is the sample size, and Z is the z-score for 1 - α/2. Using the known values:
![CI(\mu)=\lbrack30.0-Z_{0.99}\cdot\frac{2.40}{\sqrt[]{28}},30.0+Z_{0.99}\cdot\frac{2.40}{\sqrt[]{28}}\rbrack](https://tex.z-dn.net/?f=CI%28%5Cmu%29%3D%5Clbrack30.0-Z_%7B0.99%7D%5Ccdot%5Cfrac%7B2.40%7D%7B%5Csqrt%5B%5D%7B28%7D%7D%2C30.0%2BZ_%7B0.99%7D%5Ccdot%5Cfrac%7B2.40%7D%7B%5Csqrt%5B%5D%7B28%7D%7D%5Crbrack)
Where (from tables):
Finally, the interval at 98% confidence level is:
Answer:
b
Step-by-step explanation:
700x.10=630
630x.05=31.5
630-31.5=598.50
Answer:
185
Step-by-step explanation:
firstly you calculate all in brackets
(280+20)÷3
300÷3
100-15
85
now you calculate 10×5=50
2×50=100
85+100=185
so firstly deal with problem inside the brackets, then you got multiplication and division outside their brackets and finally get 85 +100 =185
41 is the answer and me too
If in 2 years, your car is worth $15000, then x2 so then you’ll make it 4 years. $15000+$15000= $30000 but then you’ll have to know what the last year is so since in 2 year your car turned $15000 more then you divide it by 2 which is $7500. Then, you add $15000+$15000+$7500 which is $37,500.
