Answer: 75% Of the original price
Step-by-step explanation:
Answer:
a) The formula is given by mean
the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
b)
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".
If the distribution for X is normal or if the sample size is large enough we know that the distribution for the sample mean
is given by:
Part a
The formula is given by mean
the margin of error. Where the margin of error is the product between the critical value from the normal standard distribution at the confidence level selected and the standard deviation for the sample mean.
Part b
The confidence interval for the mean is given by the following formula:
The value of x in the equation 1/2x = -1/2x when 4 is subtracted from both sides is 0(not defined)
Subtraction of fraction
Startfraction one-half EndFraction x equals negative StartFraction one-half EndFraction
1/2x = -1/2x
- Subtract 4 from both sides
1/2x - 4 = -1/2x - 4
(x-8) / 2 = (-x-8) / 2
(x - 8) / 2 = (-x-8) / 2
2(x - 8) = 2(-x - 8)
2x - 16 = -2x - 16
2x + 2x = -16 + 16
4x = 0
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Answer:
Answer given below.
Step-by-step explanation:
Accounting as per American Institute of Certified Public Accountants
<em>" Accounting is the art of recording, classifying, summarizing in a significant manner and in terms of money; transactions and events which are, in part atleast, of a financial character, and interpreting the results thereof. "</em>
{I am a grade 11 commerce student. The following answer is as per what I have learnt. Hope it helps.}