What value is equivalent to
2 answers:
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Answer: A. 664
Step-by-step explanation:
Given : A marketing firm is asked to estimate the percent of existing customers who would purchase a "digital upgrade" to their basic cable TV service.
But there is no information regarding the population proportion is mentioned.
Formula to find the samples size , if the prior estimate to the population proportion is unknown :
, where E = Margin of error.
z* = Two -tailed critical z-value
We know that critical value for 99% confidence interval = [By z-table]
Margin of error = 0.05
Then, the minimum sample size would become :
Simplify,
Thus, the required sample size= 664
Hence, the correct answer is A. 664.
Answer:
21
Step-by-step explanation:
Let x = $1 bill
Let y = $5bill
<em>Translating the word problem into an algebraic equation;</em>
<em>For the total number of bills;</em>
.........equation 1
<em>For the total number of tips;</em>
..........equation 2
<em>*Solving the linear equation by using the substitution method*</em>
<em>Making x the subject in equation 1:</em>
.......equation 3
<em>Substituting "x" into equation 2;</em>
<em>Simplifying the equation, we have;</em>
y = 21 (For the $5 bills).
<em>Therefore, Anthony received 21 pieces of the $5 bills.</em>
To find x;
Substituting "y" into equation 3;
x = 26 (For the $1 bill).