Leanne works at a restaurant. For dinner, there is a choice of 3 main dishes and 2 sides.
1 answer:
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Answer: D. 15
Step-by-step explanation:
Given : The revenue each season from tickets at the theme part is represented by .
The cost to pay the employees each season is represented by .
From the given graph , we can see that at 4th season, the profit = 15
Hence, the estimated profit after four seasons. =15
Answer:
The sample consisting of 64 data values would give a greater precision.
Step-by-step explanation:
The width of a (1 - <em>α</em>)% confidence interval for population mean μ is:
So, from the formula of the width of the interval it is clear that the width is inversely proportion to the sample size (<em>n</em>).
That is, as the sample size increases the interval width would decrease and as the sample size decreases the interval width would increase.
Here it is provided that two different samples will be taken from the same population of test scores and a 95% confidence interval will be constructed for each sample to estimate the population mean.
The two sample sizes are:
<em>n</em>₁ = 25
<em>n</em>₂ = 64
The 95% confidence interval constructed using the sample of 64 values will have a smaller width than the the one constructed using the sample of 25 values.
Width for n = 25:
Width for n = 64:
Thus, the sample consisting of 64 data values would give a greater precision