Answer: We are 95% confident that the mean income for all residents of this city is between $26700 and $35400.
Step-by-step explanation:
We know that a 95% confidence interval given an interval of values that we can be 95% sure , that it contains the true mean of the population, not 95% of data lies in it.
Given : A researcher is estimating the mean income of residents in a large city. The income variable is usually skewed to the right. She collects a random sample of 25 people.
The resulting 95% confidence interval is ($26700, $35400).
Then, valid conclusion will be : We are 95% confident that the mean income for all residents of this city is between $26700 and $35400.
The initial population is
P₀ = 94 million in 1993
The growth formula is

where P(t) is the population (in millions) after t years, measured from 1993.
k = constant.
Because P(5) = 99 million (in 1999),

In the year 2005, t = 12 years, and

Answer: 106 million (nearest million)
Answer:
a. Scatterplot is attached.
b. Positive Correlation
c. Correlation coefficient=0.9219
Step-by-step explanation:
a.
The following procedure will be used to obtain the scatter plot
- Open an Google Sheets file online or excel sheet on your computer.
- In column B and C, enter the Income and Vacation data as provided above.
- Select the data > click on insert CHART.
- Chose Scatter Chart option
A scatter plot visualizing your data should be displayed as attached.
b.
- On your computer, open a spreadsheet in Google Sheets.
- Double-click on your scatter plot.
- At the right, click on Customize tab and then Series.
- Scroll down and check the Trend line box
-From the trend line, your notice that your variables have a positive correlation.
-As the income increases, so does vacation expenditure.
c. The correlation coefficient can be calculated as follows.
- Click on any empty cell in the sheet and enter the formula
- "=CORREL((y-axis range),(x-axis range))"
- ENTER
-From our Google Sheets calculation our variables have a positive correlation and the correlation coefficient is 0.9219
-The correlation coefficient,r can also be calculated manually:
-let x be income, and y be vacation and divide all the values by 100 to make the smaller and easier to manipulate:
![r=\frac{n(\sum xy)-(\sum x)(\sum y)}{\sqrt{[n\sum x^2-(\sum x)^2][n\sum y^2-(\sum y)^2}}\\\\\\\sum xy=153914\\\sum x=4485\\\sum y=246\\\sum x^2=2878447\\(\sum x)^2=4485^2=20115225\\(\sum y)^2=246^2=60516\\\sum y^2=8392\\n=8\\\\\#substitute \ and \ solve \ for \ r\\\\=\frac{8\times153914-4485\times 246}{\sqrt{[8\times 2878447-4485^2][8\times 8392-246^2]}}\\\\=0.92186\\\\\approx 0.9219](https://tex.z-dn.net/?f=r%3D%5Cfrac%7Bn%28%5Csum%20xy%29-%28%5Csum%20x%29%28%5Csum%20y%29%7D%7B%5Csqrt%7B%5Bn%5Csum%20x%5E2-%28%5Csum%20x%29%5E2%5D%5Bn%5Csum%20y%5E2-%28%5Csum%20y%29%5E2%7D%7D%5C%5C%5C%5C%5C%5C%5Csum%20xy%3D153914%5C%5C%5Csum%20x%3D4485%5C%5C%5Csum%20y%3D246%5C%5C%5Csum%20x%5E2%3D2878447%5C%5C%28%5Csum%20x%29%5E2%3D4485%5E2%3D20115225%5C%5C%28%5Csum%20y%29%5E2%3D246%5E2%3D60516%5C%5C%5Csum%20y%5E2%3D8392%5C%5Cn%3D8%5C%5C%5C%5C%5C%23substitute%20%5C%20and%20%5C%20solve%20%5C%20for%20%5C%20r%5C%5C%5C%5C%3D%5Cfrac%7B8%5Ctimes153914-4485%5Ctimes%20246%7D%7B%5Csqrt%7B%5B8%5Ctimes%202878447-4485%5E2%5D%5B8%5Ctimes%208392-246%5E2%5D%7D%7D%5C%5C%5C%5C%3D0.92186%5C%5C%5C%5C%5Capprox%200.9219)
Scale factor is:
factor = (new length) / (old length)
Ivan correctly inserted numbers and correctly divided these two numbers by 5.
There is no error in the shown picture.
Step-by-step explanation:
amount left for the money to reach $40
=40-3.75
=36.25
using a method of proportion,
If $4 : 1 hour,then
$36.25 : ?
if more, less divides.
= 36.25 / 4 ×1
=36.25/4
=9.0625 approximately 9 hours