Let be "x" the number of colored pencils in the box.
According to the information given in the exercise, there are 84 pencils in the box and 53 of them are regular pencils.
Knowing this information, you can set up the following equation:
Finally, you have to solve for the variable "x" in order to find its value. In order to do this, you can apply the Subtraction property of equality by subtracting 53 from both sides of the equation:
The answer is: There are 31 colored pencils in the box.
Answer:
The point estimate for p is 0.86.
Step-by-step explanation:
We are given that in a marketing survey, a random sample of 730 women shoppers revealed that 628 remained loyal to their favorite supermarket during the past year (i.e. did not switch stores).
Let p = <u><em>proportion of all women shoppers who remain loyal to their favorite supermarket</em></u>
Now, the point estimate for the population proportion (p) is represented by ;
Point estimate for p = =
where, X = Number of women shoppers who remained loyal to their favorite supermarket during the past year = 628
n = sample of women shoppers = 730
So, <u>point estimate for p</u> () =
= = <u>0.86</u>