the highest fair would be 240 customers charging 11 dollars with a profit of 2,640 dollars
Given:
Sample mean = 65.4
Standard deviation = 1.2
Sample size = 45
Confidence level = 99%
To find:
The confidence interval.
Solution:
The formula for confidence interval is
where, is sample mean, z* is confidence value, s is standard deviation and n is sample size.
Confidence value or z-value at 99% = 2.58
Putting the given in the above formula, we get
Therefore, the correct option is D.
Slope is y2 - y1/ x2-x1 so # 1 would be 7-0/6-0 or 7/6