Answer:
The 95% confidence interval for the fraction of all shoppers during the year whose visit was because of a coupon they'd received in the mail is (0.2016, 0.2694).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of 
.
A store randomly samples 603 shoppers over the course of a year and finds that 142 of them made their visit because of a coupon they'd received in the mail.
This means that 
95% confidence level
So 
, z is the value of Z that has a p-value of 
, so 
.
The lower limit of this interval is:
The upper limit of this interval is:
The 95% confidence interval for the fraction of all shoppers during the year whose visit was because of a coupon they'd received in the mail is (0.2016, 0.2694).
Answer: Choice C
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Explanation:
There are four marked points on the line.
Each point is of the form (x,y)
- The first or left most point is (0,1)
- The second point is (2,2)
- The third is (4,3)
- The fourth is (6,4)
Each of these points is then listed in the table format as shown above.
There are infinitely many other points on the line; however, we only select a few of them to make the table (or else we'd be here all day).
Extra side notes:
- The slope of this line is m = 1/2 = 0.5
- The y intercept is 1 located at (0,1)
- The equation of this line is y = 0.5x+1
The pattern starts at 11 and doubles by itself each time. The seventh term in the pattern is 704.
11,22,44,88,176,352,704
Answer:
=24.5%
Step-by-step explanation:
- Simple interest = (principal×rate×time)÷100. *brackets first*
- transpose the formula to make rate the subject: rate= (100×simple interest) ÷ (principal×time)
- plug in values: rate = (100×37975) ÷ (31000×5)
- the result is 24.5%
