Answer:
150
Step-by-step explanation:
200 divided by 8 = 25 each
25 x 6 = 150
$150 because the supply number is equivalent to the demand number
Answer:
y = (-1/7)x + (24/7)
Step-by-step explanation:
The general structure of a line in slope-intercept form is:
y = mx + b
In this form, "m" represents the slope and "b" represents the y-intercept.
You have been given the value of the slope (m = -1/7). You have also been given values for "x" and "y" from the point (3,3). Therefore, you can substitute these values in for their variables and simplify to find the value of the y-intercept.
y = mx + b <----- Slope-intercept form
y = (-1/7)x + b <----- Plug -1/7 into "m"
3 = (-1/7)(3) + b <----- Plug in "x" and "y" values from point (3,3)
3 = -3/7 + b <----- Multiply -1/7 and 3
24/7 = b <----- Add 3/7 to both sides
Now that you know that m = -1/7 and b = 24/7, you can determine the formula satisfying the given information.
y = (-1/7)x + (24/7)
Answer:
Sample mean from population A has probably more accurate estimate of its population mean than the sample mean from population B.
Step-by-step explanation:
To yield a more accurate estimate of the population mean, margin of error should be minimized.
margin of error (ME) of the mean can be calculated using the formula
ME=
where
- z is the corresponding statistic in the given confidence level(z-score or t-score)
- s is the standard deviation of the sample (or of the population if it is known)
for a given confidence level, and the same standard deviation, as the sample size increases, margin of error decreases.
Thus, random sample of 50 people from population A, has smaller margin of error than the sample of 20 people from population B.
Therefore, sample mean from population A has probably more accurate estimate of its population mean than the sample mean from population B.