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Rashid [163]
2 years ago
9

How do i do a one-pager in MATH ? I WILL GIVE BRANILIST

Mathematics
1 answer:
algol [13]2 years ago
6 0

Answer:

You Will Be Given A Rulebrick and you will have to fill the hole page with things

Step-by-step explanation:

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A research group needs to determine a 90% confidence interval for the mean repair cost for all car insurance small claims. From
lutik1710 [3]

Answer:

a) z = 1.645

b) The should sample at least 293 small claims.

Step-by-step explanation:

We have that to find our \alpha level, that is the subtraction of 1 by the confidence interval divided by 2. So:

\alpha = \frac{1-0.9}{2} = 0.05

Now, we have to find z in the Ztable as such z has a pvalue of 1-\alpha.

So it is z with a pvalue of 1-0.05 = 0.95, so z = 1.645, which means that the answer of question a is z = 1.645.

Now, find  the margin of error M as such

M = z*\frac{\sigma}{\sqrt{n}}

In which \sigma is the standard deviation of the population and n is the size of the sample.

(b) If the group wants their estimate to have a maximum error of $12, how many small claims should they sample?

They should sample at least n small claims, in which n is found when

M = 12, \sigma = 124.88. So

M = z*\frac{\sigma}{\sqrt{n}}

12 = 1.645*\frac{124.88}{\sqrt{n}}

12\sqrt{n} = 205.43

\sqrt{n} = \frac{205.43}{12}

\sqrt{n} = 17.12

\sqrt{n}^{2} = (17.12)^{2}

n = 293

The should sample at least 293 small claims.

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Answer:

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Step-by-step explanation:

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depends....

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