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Answer:
The points that verify the system of inequalities are:
point E, pointF, and point G.
Step-by-step explanation:
Please see the attached image that illustrates the boundary lines in your system of inequalities.
The boundary line for the inequality is depicted in green, while the boundary line for the inequality
is depicted in red.
By solving for y in each inequality, we understand which half-plane should be considered for the inequality:
First inequality (green boundary line) :
This means that we are to consider the points below the green boundary line.
Second inequality (red boundary line) :
This means we have to consider the points below the red boundary line.
Recall as well that both conditions we arrived at have to be satisfied by the points that are solutions of both inequalities.
From the image, we can see that there are only three points that reside at the same time below the green and the red boundary lines. These points are: point E, pointF, and point G.
On the other hand, we have two points that lie on a boundary line (point J and H), but they should be ignored, since the system of inequalities contain just inequality symbols < or >, and not the "equal" sign.
Every confidence interval has associated z value. As confidence interval increases so do the z value associated with it.
The confidence interval can be calculated using following formula:
Where
is the mean value, z is the associated z value, s is the standard deviation and n is the number of samples.
We know that standard deviation is simply a square root of variance:
The confidence interval of 95% has associated z value of <span>1.960.
</span>Now we can calculate the confidence interval for our income:
The confidence interval can be calculated using following formula:
Where
We know that standard deviation is simply a square root of variance:
The confidence interval of 95% has associated z value of <span>1.960.
</span>Now we can calculate the confidence interval for our income: