A data set can have more than one median? True False
2 answers:
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Using the <u>normal distribution and the central limit theorem</u>, it is found that there is a 0.0166 = 1.66% probability of a sample proportion of 0.59 or less.
In a normal distribution with mean and standard deviation
, the z-score of a measure X is given by:
- It measures how many standard deviations the measure is from the mean.
- After finding the z-score, we look at the z-score table and find the p-value associated with this z-score, which is the percentile of X.
- By the Central Limit Theorem, the sampling distribution of sampling proportions of a proportion p in a sample of size n has mean
and standard error
In this problem:
- 1,190 adults were asked, hence
- In fact 62% of all adults favor balancing the budget over cutting taxes, hence
.
The mean and the standard error are given by:
The probability of a sample proportion of 0.59 or less is the <u>p-value of Z when X = 0.59</u>, hence:
By the Central Limit Theorem
has a p-value of 0.0166.
0.0166 = 1.66% probability of a sample proportion of 0.59 or less.
You can learn more about the <u>normal distribution and the central limit theorem</u> at brainly.com/question/24663213
Answer:
She purchased the item at a price of Rs 1,406.
Step-by-step explanation:
5% of discount:
This means that she paid 100% - 5% = 95% = 0.95 of the original price of x, that is, 0.95x, and 0.05x was the discount.
Original price:
She got the discount amount of Rs 74.
74 is 5% of the original price, that is:
What price she purchased:
74 subtracted from the original price, that is, x - 74. So 1480 - 74 = 1406.
She purchased the item at a price of Rs 1,406.