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olga55 [171]
3 years ago
12

Topic 3 Assessment (Percent)

Mathematics
1 answer:
yuradex [85]3 years ago
5 0

Answer:

44%

Step-by-step explanation:

60%-16% the answer is up ahead.

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The 95% confidence interval for the average number of years until the first major repair is (3.1, 3.5).

Step-by-step explanation:

The (1 - <em>α</em>)% confidence interval for the average using the finite correction factor is:

CI=\bar x\pm z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}\cdot\sqrt{\frac{N-n}{N-1}}

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Compute the 95% confidence interval for the average number of years until the first major repair as follows:

CI=\bar x\pm z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}\cdot\sqrt{\frac{N-n}{N-1}}

     =3.3\pm 1.96\times\frac{1.47}{\sqrt{183}}\times\sqrt{\frac{1500-183}{1500-1}}\\\\=3.3\pm 0.19964\\\\=(3.10036, 3.49964)\\\\\approx (3.1, 3.5)

Thus, the 95% confidence interval for the average number of years until the first major repair is (3.1, 3.5).

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