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3 years ago

Split £10 into the ratio 4:1

Mathematics

1 answer:

never [62]3 years ago

5 0

Answer:

let the shares be 4x and 1x (4:1)

total share = 4x + 1x = 5x

total amount = 10£

5x = 10£

x = 2£

1st share = 4x = 4*2£ = 8£

2nd share = 1x = 1*2£ = 2£

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3 years ago

How many times must we toss a coin to ensure that a 0.95-confidence interval for the probability of heads on a single toss has l

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(1) 97

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(3) 9604

Step-by-step explanation:

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

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

The margin of error in this interval is:

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

The formula to compute the sample size is:

$\\n=\frac{z_{\alpha/2}^{2}\times \hat p(1-\hat p)}{MOE^{2}}$

(1)

Given:

$\hat p = 0.50\\MOE=0.1\\z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96$

*Use the z-table for the critical value.

Compute the value of n as follows:

$\\n=\frac{z_{\alpha/2}^{2}\times \hat p(1-\hat p)}{MOE^{2}}\\=\frac{1.96^{2}\times0.50\times(1-0.50)}{0.1^{2}}\\=96.04\\\approx97$

Thus, the minimum sample size required is 97.

(2)

Given:

$\hat p = 0.50\\MOE=0.05\\z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96$

*Use the z-table for the critical value.

Compute the value of n as follows:

$\\n=\frac{z_{\alpha/2}^{2}\times \hat p(1-\hat p)}{MOE^{2}}\\=\frac{1.96^{2}\times0.50\times(1-0.50)}{0.05^{2}}\\=384.16\\\approx385$

Thus, the minimum sample size required is 385.

(3)

Given:

$\hat p = 0.50\\MOE=0.01\\z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96$

*Use the z-table for the critical value.

Compute the value of n as follows:

$\\n=\frac{z_{\alpha/2}^{2}\times \hat p(1-\hat p)}{MOE^{2}}\\=\frac{1.96^{2}\times0.50\times(1-0.50)}{0.01^{2}}\\=9604$

Thus, the minimum sample size required is 9604.

8 0

3 years ago

Split £10 into the ratio 4:1​

Split £10 into the ratio 4:1