Express as integer: a deposit of $100
1 answer:
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Answer:
1) The mean calculated for this case is
2)
3)
4) B. An interval estimate gives us a sense of the accuracy of the point estimate whereas a point estimate alone does not.
Because with the confidence interval we know the confidence level of the interval, and the limits for the parameter at some significance level.
Step-by-step explanation:
Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
Part 1
In order to calculate the mean and the sample deviation we can use the following formulas:
(a)
(b)
The mean calculated for this case is
The sample deviation calculated
population mean (variable of interest)
n=6 represent the sample size
Part 2
The confidence interval for the mean is given by the following formula:
(1)
So if we have the margin of error 5.4mm we can find the lowr limit like this:
Part 3
Part 4
B. An interval estimate gives us a sense of the accuracy of the point estimate whereas a point estimate alone does not.
Because with the confidence interval we know the confidence level of the interval, and the limits for the parameter at some significance level.
10/8 in simplest form:
First, we can start off by finding the GCF of the denominator and the numerator. To do so, we need to list the factors of each of them and find the common ones.
Factors of 10: 1, 2, 5, 10
Factors of 8: 1, 2, 4, 8
We can see that our common factors are 1 and 2, considering that both the numerator and denominator has the same factors (1 and 2). Since we have our common factors, we need to find the greatest. Which is the greatest out of 1 and 2? The GCF is 2 because it is bigger than 1.
Second, divide the numerator and the denominator by the GCF (2).
Third, now we can revise our fraction and turn it into the simplest form. Take the two numbers you just got above us and put them in their numerator and denominator spot. You should get:
Answer in fraction form:
Answer in decimal form:
Answer in mixed number form:
First, we can start off by finding the GCF of the denominator and the numerator. To do so, we need to list the factors of each of them and find the common ones.
Factors of 10: 1, 2, 5, 10
Factors of 8: 1, 2, 4, 8
We can see that our common factors are 1 and 2, considering that both the numerator and denominator has the same factors (1 and 2). Since we have our common factors, we need to find the greatest. Which is the greatest out of 1 and 2? The GCF is 2 because it is bigger than 1.
Second, divide the numerator and the denominator by the GCF (2).
Third, now we can revise our fraction and turn it into the simplest form. Take the two numbers you just got above us and put them in their numerator and denominator spot. You should get:
Answer in fraction form:
Answer in decimal form:
Answer in mixed number form: