The standard deviation is a measure of a collection of values' variance or dispersion. The true mean bill for a customer at Burger Palace with 95% confidence is $13.38.
<h3>What is a standard deviation?</h3>
The standard deviation is a measure of a collection of values' variance or dispersion. A low standard deviation implies that the values are close to the set's mean, whereas a high standard deviation shows that the values are spread out over a larger range.
Given that the Sample mean (
) is $14.30, the Sample size(n) is 24 customers, the Standard deviation(σ) is 2.30, while for a 95% confidence interval the Z-score is 1.960. Therefore, the true mean can be written as,
μ = 13.3788 ≈ 13.38
Hence, the true mean bill for a customer at Burger Palace with 95% confidence is $13.38.
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Answer:
4 ⅓
Step-by-step explanation:
10 - 5 ⅔
10 - 5 × 3 + 2/3
10 - 17/3
3 × 10 - 17/3
30 - 17/3
13/3 = 4 ⅓
<u>-TheUnknownScientist</u>
Answer:
35
Step-by-step explanation:
150 - 115 = 35
The annual income tax paid by the person is: $4,500.
<h3>Annual income tax</h3>
Using this formula
Annual income tax=[Salary÷(1-percentage deduction)]- Salary
Let plug in the formula
Annual income tax=[40,500÷(1-10%)]-40,500
Annual income tax=45,000-40,500
Annual income tax=4500
Therefore the annual income tax paid by the person is: $4,500.
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