Determine the intercepts of the line. Y-intercept (____,____) X-intercept(____,____)
1 answer:
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Answer:
The correct answer is 0.15
Step-by-step explanation:
According to the given scenario, the probability is as follows:
X Bin (n,p)
Here
n = 8
p = 0.20 or 20%
Now this is a binomial probability distribution
= 0.15
Hence, the correct answer is 0.15
Answer:
The 80% confidence interval for the mean number of toys purchased each year is between 7.5 and 7.7 toys.
Step-by-step explanation:
We have that to find our level, that is the subtraction of 1 by the confidence interval divided by 2. So:
Now, we have to find z in the Ztable as such z has a pvalue of .
That is z with a pvalue of , so Z = 1.28.
Now, find the margin of error M as such
In which is the standard deviation of the population and n is the size of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 7.6 - 0.1 = 7.5
The upper end of the interval is the sample mean added to M. So it is 7.6 + 0.1 = 7.7
The 80% confidence interval for the mean number of toys purchased each year is between 7.5 and 7.7 toys.