Answer:
LCL = 59.26 to two decimal places
Step-by-step explanation:
Here, we want to estimate the LCL of the population mean with 90% confidence
We proceed as follows;
Given alpha = 0.1, then Z(0.05)=1.645 (from standard normal table), s = 15
Mathematically;
LCL =x_bar -Z*s/√( n)= 62 - (1.645 * 15)/√81
LCL = 62- (24.675)/9 = 59.2583
LCL = 59.26 to two decimal places
The answer to the question is B.
The slope intercept form is y=mx+b. m being the rate of the slope (rise over run) so in this case 2/1, or simply 2. b is the y intercept, or where a line passes through the y intercept, in this case it is -1.
If you divide the amount of Dollars by the amount of Euros you get the price of 1 Euro in Dollars.
$600/450€ = $1,33 per each Euro