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d1i1m1o1n [39]
3 years ago
6

A recent survey of cell phone users indicated that 56 percent of the respondents prefer to use cell phones for texting rather th

an for making phone calls. A 95 percent confidence interval for the estimate of all cell phone users who prefer to use cell phones for texting has a margin of error of 3 percent. Assume all conditions for inference have been met. Based on the confidence interval, which of the following claims is supported?.
SAT
1 answer:
love history [14]3 years ago
7 0

Assume all conditions for inference have been met, based on the confidence interval, the claim that is supported is that;

More than half of all people prefer texting.

<h3>Understanding Confidence Intervals</h3>

We are given;

Confidence Level; CL = 95%

Margin of error; MOE = 3%

Since 56 percent of the respondents prefer to use cell phones for texting rather than for making phone calls. It means that; x' = 56%

Thus;

CI = x' ± MOE

CI = 56% ± 3%

CI = 53% OR 59%

Thus, in conclusion we can say that more than half of the people prefer texting

Read more about Confidence Intervals at; brainly.com/question/17097944

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The Amount of investment equals $974.83.

The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.

  • The formula for continuous compound interest is A=P^e^(r*t)

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Therefore, the Option B is correct since the Amount of investment equals $974.83.

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<em>brainly.com/question/24274034</em>

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Read more on sales presentation here: brainly.com/question/6890728

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