Which expression is equivalent to the one below?

An automobile manufacturer would like to know what proportion of its customers are not satisfied with the service provided by th

monitta

Answer:

a) n =1623

b) $ME=2.0538\sqrt{\frac{0.21 (1-0.21)}{1623}}=0.0208$

Step-by-step explanation:

1) Notation and definitions

$n$ random sample taken

$\hat p=0.19$ estimated proportion of customers are not satisfied with the service provided by the local dealer

Confidence =0.96 or 96%

Me= 0.02 represent the margin of error

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".

The population proportion have the following distribution

$p \sim N(p,\sqrt{\frac{p(1-p)}{n}})$

Part a

In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 96% of confidence, our significance level would be given by $\alpha=1-0.96=0.04$ and $\alpha/2 =0.02$ . And the critical value would be given by:

$z_{\alpha/2}=-2.0538, z_{1-\alpha/2}=2.0538$

The margin of error for the proportion interval is given by this formula:

$ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$ (a)

And on this case we have that $ME =\pm 0.02$ and we are interested in order to find the value of n, if we solve n from equation (a) we got:

$n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}$ (b)

And replacing into equation (b) the values from part a we got:

$n=\frac{0.19(1-0.19)}{(\frac{0.02}{2.0538})^2}=1622.912$

And rounded up we have that n=1623

Part b

The margin of error is given by:

$ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$

So then if w replace the value of n obtained from part a we got:

$ME=2.0538\sqrt{\frac{0.21 (1-0.21)}{1623}}=0.0208$

3 0

3 years ago

How many years would it take to make $500 interest on a 12000 investment at 3% per year

padilas [110]

Answer:

$t=1.4\ years$

Step-by-step explanation:

we know that

The simple interest formula is equal to

$I=P(rt)$

where

I is the Final Interest Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=?\\ P=\$12,000\\ I=\$500\\r=3\%=3/100=0.03$

substitute in the formula above

$500=12,000(0.03t)$

solve for t

$500=360t$

$t=500/360$

$t=1.4\ years$

7 0

3 years ago

The Opposite Of The Opposite Of $800 Is $800. Is His Reasonign correct?<br> Explain

babymother [125]

Answer:

umm... i belive yes.

Step-by-step explanation:

this is beacuse..

800 opposite wold be -800 right

and then the opposite of -800 wold be 800

so 800 is equal to 800 cus ya

so yes i belve that this is true.

5 0

3 years ago

a ramp measures 6 feet long. if the ramp is 12 inches tall, what is the horizontal distance it covers? i'll give brainliest to w

luda_lava [24]

we know that

1 ft--------> is equals to 12 in

the ramp is 12 inches tall----------> 1 ft tall

A ramp measures------------------> 6 ft long

applying the Pythagorean theorem

c²=a²+b²

where

c-----> 6 ft long

a----> horizontal distance

b-----> 1 ft tall

a²=c²-b²------> a²=6²-1²-----> a²=35------> a=√35------> a=5.92 ft

the answer is

5.92 ft

6 0

2 years ago

Read 2 more answers

Write an equation in point slope form for a line that includes the origin and (9,-3)

aivan3 [116]

So we are given two points that the line crosses, the origin and (9, -3), we can calculate the slope m of the line with these data, dividing the y segment by the x segment:
m = (-3 - 0)/(9 - 0) = -3/9
m = -1/3
then we can use the point slope line equation to find the line equation, lets use the point origin (0,0) to do so:
y - y1 = m(x - x1), where x1, y1 are the coordinates of a point that the line crosses:
y - 0 = (-1/3)(x - 0)
y = <span>(-1/3)x
so this is the equation of the line, slope -1/3 and y intercept 0</span>

3 0

2 years ago