Answer:
Step-by-step explanation:
Hello!
You have the information for two variables
X₁: Number of consumer purchases in France that were made with cash, in a sample of 120.
n₁= 120 consumer purchases
x₁= 48 cash purchases
p'₁= 48/120= 0.4
X₂: Number of consumer purchases in the US that were made with cash, in a sample of 55.
n₂= 55 consumer purchases
x₂= 24 cash purchases
p'₂= 24/55= 0.4364
You need to construct a 90% CI for the difference of proportions p₁-p₂
Using the central limit theorem you can approximate the distribution of both sample proportions p'₁ and p'₂ to normal, so the statistic to use to estimate the difference of proportions is an approximate standard normal:
[(p'₁-p'₂) ±
*
]

[(0.4-0.4364)±1.648 *
]
[-0.1689;0.0961]
The interval has a negative bond, it is ok, keep in mind that even tough proportions take values between 0 and 1, in this case, the confidence interval estimates the difference between the two proportions. It is valid for one of the bonds or the two bonds of the CI for the difference between population proportions to be negative.
I hope this helps!
You have the formula. Put in the numbers and solve for r.
The interest earned in 4 years on 5000 is (6500 -5000) = 1500.
.. I = Prt
.. 1500 = 5000*r*4
.. 1500/20000 = r = .075 = 7.5% . . . . . . matches selection B
Answer:
<em>The cost price of each mango was $3</em>
Step-by-step explanation:
The man bought 500 mangoes, but 1/4 of them were rotten. There were 1/4*500 = 125 rotten mangoes, thus the number of mangoes he sold is
500 - 125 = 375 mangoes
Selling them at $3.36 each, he had revenue of
375*3.36=$1,260
That amount includes the 12% profit, that is, it's 112% of the cost price, thus the cost price of all mangoes is
1,260 / 112 * 100 = $1,125
The price of each mango was $1,125 / 375 = $3
The cost price of each mango was $3
X + y = 4
Is how you would write it in standard form.
Answer:
- a. 1 / 13
- b. 3 / 13
- c. 10 / 13
Step-by-step explanation:
<h3>a.</h3>
There are four 5's in the deck. This means that, from 52 possible cards to drawn, we have 4 chances of drawing a 5. This means that the probability will be:


<h3>
b.</h3>
For every suit, there are three face cards, J, Q and K. There are 4 suits, so, the total number of face cards its:

The total possible cards are, still, 52, so, the probability will be


<h3>
c.</h3>
We know that the card drawn must be a face card, o not being a face card. There is no third choice here. So, the probability of drawing a face card OR not drawing a face car its:

so


but, we know that

so

