Answer:
Step-by-step explanation:
P(greater than 10 successes)≈
13/20 =0.65
Answer:
His 95% confidence interval is (0.065, 0.155).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of
, and a confidence level of
, we have the following confidence interval of proportions.

In which
z is the zscore that has a pvalue of
.
For this problem, we have that:

95% confidence level
So
, z is the value of Z that has a pvalue of
, so
.
The lower limit of this interval is:

The upper limit of this interval is:

His 95% confidence interval is (0.065, 0.155).
Question:
A Sunday newspaper lists the 10 used car prices for a foreign compact, with age x measured in years and selling price y measured in thousands of dollars. A Sunday newspaper lists the 10 used car prices for a foreign compact, with age x measured in years and selling price y measured in thousands of dollars.
Picture of data can be found in the picture attached.
Answer:
Slope = -1.71
Intercept = 22.05
Step-by-step explanation:
Equation of a line usually takes the general form :
ŷ = mx + c
Where :
m = slope or gradient
c = intercept
Inputting the data into a linear regression calculator ;
The output is : ŷ = -1.70872X + 22.04985
Comparing the output to the general formula;
The slope (m):
m = -1.70872 = -1.71(2 decimal places).
The intercept (c):
c = 22.04985 = 22.05(2 decimal places).