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Rudiy27
2 years ago
5

The meat department of a supermarket sells ground beef in approximate 1 lb packages, but there is some variability. A random sam

ple of 65 packages yielded a mean of 1.05 lbs and a standard deviation of .23 lbs. What is the 90% Confidence Interval for this problem?
Mathematics
1 answer:
grin007 [14]2 years ago
6 0

Answer:

1.05 ± 0.05 lbs

Step-by-step explanation:

Hi!

We can calculate this interval with the z-score of the 90% which is (by convention) 1.645

The interval is calculated as follows:

x_m \pm 1.654(\frac{\sigma}{\sqrt n})

where x_m is the mean, σ the standar deviation and n is the number of samples:

replacing these values we get:

1.05 \pm (1.645 \times \frac{0.23}{\sqrt 65})\\1.05 \pm 0.046

*rounded to the first decimal*

1.05 ± 0.05

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A survey of 125 households was done to investigate whether households have laptops, tablets, or
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Answer:

3) 0.326

Step-by-step explanation:

Total Number of surveyed households =125

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Laura owes $18,000 on her student loans. The interest rate on the bank loan is 2.5% and the interest rate on the federal loan is
Llana [10]

Answer:

The principal of the bank loan is $4,000

The principal of the federal lone is $14,000

Step-by-step explanation:

* Lets explain how to solve the problem

- Laura owes $18,000 on her student loans

- The interest rate on the bank loan is 2.5%

- The interest rate on the federal loan is 6.9%

- The total amount of interest she paid last year was $1,066

* Assume that the principle of the bank loan is $x and The principal of

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∵ Her loan is 18,000

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- The interest is I = PRT, where P is the principal, R is the rate of interest

  in decimal ant is the time

# <u><em>The bank lone</em></u>

∵ P = $x

∵ R = 2.5/100 = 0.025

∵ T = 1

∴ <em>The interest of the bank lone</em> = x(0.025)(1) = <em>0.025 x</em>

# <u><em>The federal lone</em></u>

∵ P = $y

∵ R = 6.9/100 = 0.069

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∴ <em>The interest of the federal lone</em> = 9(0.069)(1) = <em>0.069 y</em>

- The total interest is the sum of the interest of the bank lone and the

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∵ The total interest is $1,066

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* We have system of equations

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∴ x + 14000 = 18000

- Subtract 18000 from both sides

∴ x = 4000

∵ x represents the principal of the bake loan and y represents the

  principal of the federal lone

* The principal of the bank loan is $4,000

* The principal of the federal lone is $14,000

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Answer:

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Step-by-step explanation:

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5 parts = 5 × 50 = 250

350 = 100 : 250 in the ratio 2 : 5

6 0
2 years ago
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