The mean price goes between $ 41.16 and $ 42.84, so a value of $ 48 is unusually high.
Since the average price of an item is $ 42 with a standard deviation of $ 3, to find a 98% confidence interval about the mean, and determine if a value of X = 48 is unusually high or if it is normal, the following calculations should be done:
- (((42 - 3) + (42 + 3)) / 2) x 0.98 = X
- ((39 + 45) / 2) x 0.98 = X
- 42 x 0.98 = X
- 41.16 = X
- (((42 - 3) + (42 + 3)) / 2) x 1.02 = X
- ((39 + 45) / 2) x 1.02 = X
- 42 x 1.02 = X
- 42.84 = X
Therefore, as the mean price goes between $ 41.16 and $ 42.84, a value of $ 48 is unusually high.
Learn more about maths in brainly.com/question/25908442
I think the answer is: -3/7x
Since the hotdog is $2.99 with 7% tax increased by hotdog then
$2.99+0.07(2.99)
$2.99+$0.21
=$3.2
