Answer:
the answer is h 86.8 first you gotta take all the numbers then drop the two lowest then you multiply the ones you hsve left then divide it by the number of grsdes there is
Given that,
Sample size= 83
Mean number= 39.04
Standard deviation= 11.51
We know the critical t-value for 95% confidence interval which is equal to 1.989.
We also know the formula for confidence interval,
CI=( mean number - critical t-value*standard deviation/(sample size)^(1/2), mean number + critical t-value*standard deviation/(sample size)^(1/2))
So, we have
CI= (39.04 - 1.989*11.51/83^(1/2), 39.04 + 1.989*11.51/83^(1/2)
CI= (39.04 - 2.513,39.04 + 2.513)
CI= (36.527,41.553)
Therefore, 95% confidence interval for these data is (36.527,41.553), and this result interpret that the true value for this survey sample lie in the interval (36.527,41.553).
Answer:
(2, 7 )
Step-by-step explanation:
Given the 2 equations
y = 2x + 3 → (1)
y = 3x + 1 → (2)
Substitute y = 3x + 1 into (1)
3x + 1 = 2x + 3 ( subtract 2x from both sides )
x + 1 = 3 ( subtract 1 from both sides )
x = 2
Substitute x = 2 into either of the 2 equations for corresponding value of y
Substituting x = 2 into (1)
y = 2(2) + 3 = 4 + 3 = 7
Solution is (2, 7 )
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
