Bonus Problem. A craftsman can sell 10 jewelry sets for $500 each. He knows that

Here is the histogram of a data distribution. All class widths are 1. What is the median of this distribution?

Bingel [31]

Answer:

The median is 4.

Step-by-step explanation

if you layout all the number, you get

1,2,2,3,3,3,4,5,5,5,6,6,7

So, to find the median you find the number(s) right in the middle.

(Ex. 3,4,5; 4 is the median)

(Ex. 3,4,5,7; 4.5 is the answer)

The middle number of

1,2,2,3,3,3,4,5,5,5,6,6,7

is 4, so 4 is the median.

hope this helps. :)

6 0

2 years ago

The circumference of Mars is 7.00 x 107. Which planet is larger, and by how many feet? Write the answer in both standard and sci

Rasek [7]

Answer:

34

Step-by-step explanation:

the....

6 0

2 years ago

Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in

Hitman42 [59]

Answer:

(1) Therefore, a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it is [0.4348, 0.5252].

(2) We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval

(3) A survey should include at least 3002 people if we wanted the margin of error for the 90% confidence level to be about 1.5%.

Step-by-step explanation:

We are given that a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school.

Firstly, the pivotal quantity for finding the confidence interval for the population proportion is given by;

P.Q. = $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ~ N(0,1)

where, $\hat p$ = sample proportion of Americans who decide to not go to college = 48%

n = sample of American adults = 331

p = population proportion of Americans who decide to not go to

college because they cannot afford it

Here for constructing a 90% confidence interval we have used a One-sample z-test for proportions.

So, 90% confidence interval for the population proportion, p is ;

P(-1.645 < N(0,1) < 1.645) = 0.90 {As the critical value of z at 5% level

of significance are -1.645 & 1.645}

P(-1.645 < $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < 1.645) = 0.90

P( $-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < $\hat p-p$ < $1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.90

P( $\hat p-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < p < $\hat p+1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.90

90% confidence interval for p = [ $\hat p-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ , $\hat p+1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ]

= [ $0.48 -1.96 \times {\sqrt{\frac{0.48(1-0.48)}{331} } }$ , $0.48 +1.96 \times {\sqrt{\frac{0.48(1-0.48)}{331} } }$ ]

= [0.4348, 0.5252]

(1) Therefore, a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it is [0.4348, 0.5252].

(2) The interpretation of the above confidence interval is that we can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval.

3) Now, it is given that we wanted the margin of error for the 90% confidence level to be about 1.5%.

So, the margin of error = $Z_(_\frac{\alpha}{2}_) \times \sqrt{\frac{\hat p(1-\hat p)}{n} }$