Hey can someone help me? My work is due tomorrow and im struggling

Mathematics

1 answer:

Anestetic [448]3 years ago

7 0

The slope is positive

Every additional hat produced results in a cost increase of $0.60.

Before producing any hats, the manufacturing costs are about $100.00

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Answer:

Step-by-step explanation:

i dont know if this is right or not but basscially you do 60 divided by 5/7 and yea....

6 0

3 years ago

Read 2 more answers

In a simple random sample of 300 boards from this shipment, 12 fall outside these specifications. Calculate the lower confidence

Lyrx [107]

Answer:

The 95% confidence interval for the percentage of all boards in this shipment that fall outside the specification is (1.8%, 6.2%).

Step-by-step explanation:

In a random sample of 300 boards the number of boards that fall outside the specification is 12.

Compute the sample proportion of boards that fall outside the specification in this sample as follows:

$\hat p =\frac{12}{300}=0.04$

The (1 - α)% confidence interval for population proportion p is:

$CI=\hat p\pm z_{\alpha/2}\sqrt{\frac{\hat p(1-\hat p)}{n}}$

The critical value of z for 95% confidence level is,

$z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96$

*Use a z-table.

Compute the 95% confidence interval for the proportion of all boards in this shipment that fall outside the specification as follows:

$CI=\hat p\pm z_{\alpha/2}\sqrt{\frac{\hat p(1-\hat p)}{n}}\\=0.04\pm1.96\sqrt{\frac{0.04(1-0.04)}{300}}\\=0.04\pm0.022\\=(0.018, 0.062)\\\approx(1.8\%, 6.2\%)$