Answer: We are 95% confident that the mean income for all residents of this city is between $26700 and $35400.
Step-by-step explanation:
We know that a 95% confidence interval given an interval of values that we can be 95% sure , that it contains the true mean of the population, not 95% of data lies in it.
Given : A researcher is estimating the mean income of residents in a large city. The income variable is usually skewed to the right. She collects a random sample of 25 people.
The resulting 95% confidence interval is ($26700, $35400).
Then, valid conclusion will be : We are 95% confident that the mean income for all residents of this city is between $26700 and $35400.
Traveling
miles on this taxi costs

In fact, we spend 2.50 no matter what, and then we add 3.25 (i.e. the cost of a mile) multiplied by the number of miles.
This quantity has to be less than or equal to 61, so we have

Solving for
, we start by subtracting 2.5 from both sides:

Then, we divide both sides by 3.25:

Answer:
The average is -49.
Step-by-step explanation:
You add all numbers and then divide by the numbers that your adding:
8+-67+-99+-91+-59+-81+46= -252
-252/7= -49