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3 years ago

If the cost price of an article is less than selling price true or false

Mathematics

1 answer:

lawyer [7]3 years ago

5 0

Step-by-step explanation:

If the cost price of an article is less than selling price then there will be loss.

Loss=Cost Price - Selling Price

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How many variables are in 4x3 + 2y + 6?

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There are two different variables. X and Y.

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3 years ago

If you purchased a model A car, what is the probability that the new car will have zero problems?

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3 years ago

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Find (tan Q) the answers are in the pictures, the last answer is D.) cannot be determined

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3 years ago

⦁ In a simple random sample of 1219 US adults, 354 said that their favorite sport to watch is football. Construct a 95% confiden

fomenos

Answer:

95% confidence interval for the proportion of adults in the United States whose favorite sport to watch is football is [0.265 , 0.316].

Step-by-step explanation:

We are given that in a simple random sample of 1219 US adults, 354 said that their favorite sport to watch is football.

Firstly, the pivotal quantity for 95% confidence interval for the proportion of adults in the United States whose favorite sport to watch is football is given by;

P.Q. = $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ~ N(0,1)

where, $\hat p$ = proportion of adults in the United States whose favorite sport to watch is football in a sample of 1219 adults = $\frac{354}{1219}$

n = sample of US adults = 1291

p = population proportion of adults

Here for constructing 95% confidence interval we have used One-sample z proportion statistics.

So, 95% confidence interval for the population proportion, p is ;

P(-1.96 < N(0,1) < 1.96) = 0.95 {As the critical value of z at 2.5%

significance level are -1.96 & 1.96}

P(-1.96 < $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < 1.96) = 0.95

P( $-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ < ${\hat p-p}$ < $1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ ) = 0.95

P( $\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ < p < $\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ ) = 0.95

95% confidence interval for p = [ $\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ , $\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} }$ ]

= [ $\frac{354}{1219}-1.96 \times {\sqrt{\frac{\frac{354}{1219}(1-\frac{354}{1219})}{1219} }$ , $\frac{354}{1219}+1.96 \times {\sqrt{\frac{\frac{354}{1219}(1-\frac{354}{1219})}{1219} }$ ]

= [0.265 , 0.316]

Therefore, 95% confidence interval for the proportion of adults in the United States whose favorite sport to watch is football is [0.265 , 0.316].

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3 years ago

What are the x-intercept and they-intercept of the graph of : y=1/4x+8?

Mrac [35]

x-intercept: 1/4

y-intercept:8

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3 years ago

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If the cost price of an article is less than selling price true or false​

If the cost price of an article is less than selling price true or false