A sample survey of 62 discount brokers showed that the mean price charged for a trade of 100 shares at $50 per share was $31.22. The survey is conducted annually. With the historical data available, assume a known population standard deviation of $19. (a) Using the sample data, what is the margin of error in dollars associated with a 95% confidence interval? (Round your answer to the nearest cent.) $ (b) Develop a 95% confidence interval for the mean price in dollars charged by discount brokers for a trade of 100 shares at $50 per share. (Round your answers to the nearest cent.) $ to $

Answers

Answer 1

Answer:

a) The margin of error associated with a 95% confidence interval is of $4.73.

b) $26.49 to $35.95

Step-by-step explanation:

Question a:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1-0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].

So it is z with a pvalue of [tex]1-0.025 = 0.975[/tex], so [tex]z = 1.96[/tex]

Now, find the margin of error M as such

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96*\frac{19}{\sqrt{62}} = 4.73[/tex]

The margin of error associated with a 95% confidence interval is of $4.73.

Question b:

The lower end of the interval is the sample mean subtracted by M. So it is 31.22 - 4.73 = $26.49

The upper end of the interval is the sample mean added to M. So it is 31.22 + 4.73 = $35.95

So $26.49 to $35.95


Related Questions

The City Sights tour company had the same ratio of tourists to guides on both days this weekend. On Saturday, there were 120 tourists and 18 guides. On Sunday, there were 40 tourists.

How many guides were there on Sunday?

Answers

Answer:

There were 6 guides on Sunday.

Step-by-step explanation:

Same ratio

On Saturday, 120 tourists and 18 guides.

On Sunday, 40 tourists and x guides.

Due to the same ratio:

[tex]\frac{120}{40} = \frac{18}{x}[/tex]

[tex]3 = \frac{18}{x}[/tex]

[tex]3x = 18[/tex]

[tex]x = \frac{18}{3}[/tex]

[tex]x = 6[/tex]

There were 6 guides on Sunday.

PLEASE ANSWER ASAP !!!!!!!!!!!!!!!!!!! WILL GET BRAINLEST IF CORRECT!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

x =34

Step-by-step explanation:

180 - 100 = 80

80 = ( x + 12 ) + x

80 = 2x + 12

68 = 2x

x = 34

HELP!!! NEED HELP! It is a very confusing lesson

Answers

2 bags have exactly 42 jellybeans.

Explanation: stem equals the first digit of the number, the stem equals the second digit of the number.
If you see that there is a 4 under the stem, and 2,2,3 under the leaf, that would mean that the numbers are 42, 42, 43

Tonya has a 2-page story she wants to expand. She plans to write 3 pages per day until it is done. Which equation best represents the relationship?

Answers

Answer:

D. 60h = m

Step-by-step explanation:

A proportional equation that represents the relationship will be in the form of m = kh

Where,

Constant of proportionality = k = m/h

Using (2, 120),

k = 120/2

k = 60

Substitute k = 60 into m = kh

Thus:

m = 60h

This can also be written as 60h = m

ACTON
Find the Percentage, Rate Of Base
1. What is 25% of 1258
Answer:________

2. 50 is what percent of 4502
Answer:________

3. 75 is 30% of what number?
Answer:________​

Answers

Answer:

314.5

2252.5

250

Step-by-step explanation:

g A water tank has a square base with each side of length 5 meters. Water enters through a hose at a constant rate of 20 liters per minute. At the same time a valve in the bottom is opening, so that after t minutes, water leaves at a rate of t liters per minute. If the tank starts out filled to a depth of 5 meters, after how many minutes will the tank be empty

Answers

Answer:

221 minutes

Step-by-step explanation:

It's a known fact that

1 m³ = 1000 L

W(t) = 2*2*5 m^3 + 20t - t²/2

W(t) = 20 + 20t - t²/2, on differentiating, we have

-0.5² + 20t + 20000 = 0, and

t = [40 +- √161600] / 2

= 20 + 20√101 for t > 0

so t = 221 minutes

2(c+3d) (c-d)
algebra

Answers

Answer:

Step-by-step explanation:

Is there any sign of addition or subtraction between (c + 3d) and (c - d) or we have to just multiply

If we have to multiply then

2(c + 3d) (c - d)

= 2(c2 - cd + 3cd - 3d2)

= 2(c2 + 2cd - 3d2)

= 2c2 + 4cd - 6d2

IM BEGGING U HELP Triangle ABC is similar to Triangle GHI. Find the measures of side length z and angle d. Write your answer below as follows:

Answers

Answer:

Side length z = 20 m

Angle d = 53°

Step-by-step explanation:

Since ∆ABC ~ GHI, therefore their corresponding side lengths would be proportional to each other. This implies that the ratio of their corresponding lengths are equal.

This also means that the same scale factor can be multiplied with any side length of ∆ABC to get the corresponding side length of ∆GHI.

The scale factor = HI/BC = 25/10 = 2.5

The side length that corresponds to z is AB which is 8 m long.

z = 8*2.5

✅Side length z = 20 m

Corresponding angles of similar triangles are congruent to each other.

Therefore,

✅Angle d = <I = 53°

Answer:

law of sines

law of cosines

Step-by-step explanation:

PLZ HELP!! WILL AWARD BRAINLIEST!!
Graph the following equations.
y = 2x + 1

Answers

Answer:

The one is the y intercept so you would place it at (0,1) and then sense the slope is 2/1 you would either go back one and down two or go up two and over one

Step-by-step explanation:

A ball-and-stick model of a glucose molecule is shown here.
How many of each type of atom are needed to make one
glucose molecule?
PLEASE HELP ME

Answers

Answer:

picture?

Step-by-step explanation:

Answer:

A ball-and-stick model of a glucose molecule is shown here.

How many of each type of atom are needed to make one

glucose molecule?

PLEASE HELP ME

Step-by-step explanation:

1 molecule of glucose contains 6 atoms of C, 12 atoms of H, and 6 atoms of O • 1 mole of glucose contains 6 moles of C atoms, 12 moles of H atoms, and 6 moles of O atoms. 10 moles of glucose contains 60 moles of C, 120 moles of H, and 60

Discussion Prompt: A fair coin is tossed twice and the number of heads is recorded. Jose says the P(1 head) = 1/2, while Jeff students says P(1 head) = 1/3. Explain in detail why Jose is correct.

Answers

Let H represent heads and T represent tails.

Writing HH means we get two heads and HT means we get heads first, then tails second, and so on.

We have these four possible outcomes when flipping two coins

HHHTTHTT

Of those four outcomes, two of them have exactly one head show up (HT and TH). The probability of getting exactly one head is 2/4 = 1/2, so this is why Jose is correct.

If the nth term of a number sequence is n^2+4
find the first 3 terms and the 10th term.​

Answers

Answer:

a) The sequence of first three terms

5 , 8 , 13 ..

b) The [tex]10^{th}[/tex] of the sequence

a₁₀ = 104

Step-by-step explanation:

Step(i):-

Given [tex]n^{th}[/tex] term of the sequence

  aₙ = n² + 4

put n=1

First term  a₁ = 1² +4 = 1+5

put n =2

Second term a₂ = 2²+4 = 4+4 =8

Put n=3

Third term a₃ = 3² +4 = 9+4 =13

The sequence of first terms

5 , 8 , 13 ..

Step(ii):-

Given [tex]n^{th}[/tex] term of the sequence

  aₙ = n² + 4

put n =10

a₁₀ = 10²+4 = 100+4 = 104

a₁₀ = 104

The [tex]10^{th}[/tex] of the sequence

a₁₀ = 104

i Write a linear function f with the values f(0) = 7 and f(2) = 12. A function is f(x)​

Answers

Answer:

y=5/2x+7

Step-by-step explanation:

y=mx+b

12=m(2)+7

5=2m

m=5/2

I need help please.

Answers

Answer:

5

Step-by-step explanation:

if you write a long list:111122333344555555566666677777888 you can see the number that occurs the most is 5.


You buy 10 vegetarian pizzas and pay with $100. How much change do you receive?
3 Vegetarian Pizzas for
$25.50
You receive $ in change.

Answers

Answer:

$15

Step-by-step explanation:

3÷25.50 to get $8.50 per pizza then you would time that by 10 to get $85 as the total cost

Evaluate the expression

3^3 x (12 - 2) ➗ 2 ​

Answers

Answer:

135

Step-by-step explanation:

First 12-2=10

Then 3^3=27

After 27 times 10=270

Lastly 270 divided by 2=135

The simplified value of the expression 3³ × (12 - 2) ÷ 2 is 135.

What is PEMDAS rule?

PEMDAS rule states the correct order of simplifying an expression is as follows -: Parenthesis, exponents, multiplications, divisions, additions, and, subtractions.

Given, an expression 3³ × (12 - 2) ÷ 2.

= 27 × (10)×1/2.

= 27 × 5.

= 135.

learn more about the PEMDAS rule here :

https://brainly.com/question/36185

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20−5(4/2)^2=? /= fraction

Answers

Answer:

0

Step-by-step explanation:

=20−5(2^2)

=20−(5)(4)

=20−20

=0

Write the equation of the line in fully simplified slope-intercept form.
y
12
11
10
9
8
7
6
5
4
3
2
1
-12-11-10-9-8-7-6 -5 -4 -3 -2 21
1 2 3 4 5 6 7 8 9 10 11 12
-3
-4
-5
-6
-7
-10
-11

Answers

Answer:

y = ⁴/3x - 7

Step-by-step explanation:

✔️First, find the slope (m):

Slope (m) = ∆y/∆x = 4/3

m = ⁴/3

✔️Determine the y-intercept (b):

The y-axis is intercepted by the line at y = -7, therefore the y-intercept (b) would be -7.

b = -7

✔️Write the equation:

Substitute the value of m = ⁴/3 and b = -7 into y = mx + b (slope-intercept form equation).

y = ⁴/3x + (-7)

y = ⁴/3x - 7

Three friends went to the movies. Each movie ticket cost $8.50. Each person ordered a drink for $4.75. Two friends also bought popcorn. The group spent a total of $53.75. The friends used the equation 3(8.50+4.75)+2p=53.75 to find how much one order of popcorn, p, cost. Which is the cost for one order of popcorn?



$2.00



$7.00



$11.75



$14.00

Answers

Answer:

P = $7.00

Step-by-step explanation:

Movie tickets = $8.50

Drink = $4.75

Two friends also bought popcorn

Total spent by the group = $53.75

Given equation:

3(8.50 + 4.75) + 2p = 53.75

Where,

P = cost of one order of popcorn

3(8.50 + 4.75) + 2p = 53.75

25.50 + 14.25 + 2p = 53.75

39.75 + 2p = 53.75

2p = 53.75 - 39.75

2p = 14

p = 14 / 2

p = 7

p = $7.00

Which value for k makes the equation 42 ÷ k = 14 true? Select all that apply. A. 588 B. 62 C. 1452 D. 3 E. 23

Answers

3 is the value of k in the Linear equation .

What in mathematics is a linear equation?

An algebraic equation with simply a constant and a first-order (linear) component, such as y=mx+b, where m is the slope and b is the y-intercept, is known as a linear equation.

                                   Sometimes, the aforementioned is referred to as a "linear equation of two variables," where x and y are the variables. Equations with variables of power 1 are referred to be linear equations. One example with only one variable is where ax+b = 0, where a and b are real values and x is the variable.

equation 42 ÷ k = 14

              42/k = 14

                42 = 14 * k

                 k = 42/14

                 k = 3

Learn more about Linear equation

brainly.com/question/11897796

#SPJ1

will give brainliest

Answers

Answer:

3ft

Step-by-step explanation:

it takes a while to explain and I dont have much time, but the answer is 3

Question regarding a Normal Distribution chart: Ten thousand adults were given a literacy test. The results were nearly normally distributed (μ = 75, σ​ = 15).


A. About how many scored between 60 and 80?


B. Approximately what score did only the top 15% exceed?


C. Find the percentile rank of the person who scored 88.

Answers

Answer:

a) 4,706 scored between 60 and 80

b) A score of 90.6.

c) 81th percentile.

Step-by-step explanation:

When the distribution is normal, we use the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this question, we have that:

[tex]\mu = 75, \sigma = 15[/tex]

A. About how many scored between 60 and 80?

Proportion:

This is the pvalue of Z when X = 80 subtracted by the pvalue of Z when X = 60. So

X = 80

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{80 - 75}{15}[/tex]

[tex]Z = 0.33[/tex]

[tex]Z = 0.33[/tex] has a pvalue of 0.6293

X = 60

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{60 - 75}{15}[/tex]

[tex]Z = -1[/tex]

[tex]Z = -1[/tex] has a pvalue of 0.1587

0.6293 - 0.1587 = 0.4706

How many?

0.4706 out of 10,000, so

0.4706*10000 = 4706

4,706 scored between 60 and 80.

B. Approximately what score did only the top 15% exceed?

The 85th percentile, which is X when Z has a pvalue of 0.85. So X when Z = 1.037.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.037 = \frac{X - 75}{15}[/tex]

[tex]X - 75 = 1.037*15[/tex]

[tex]X = 90.6[/tex]

A score of 90.6.

C. Find the percentile rank of the person who scored 88.

This is the pvalue of Z when X = 88. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{88 - 75}{15}[/tex]

[tex]Z = 0.87[/tex]

[tex]Z = 0.87[/tex] has a pvalue of 0.8078

So, rounding up, the 81th percentile.

it takes 20 minutes to drive from Micahs apartment to his school. Which unit is best for measuring how far Micah lives from school

Centimeters Millimeters Meters Kilometers

Answers

Answer:

The best unit for measuring how far Micah lives from school is kilometers.

Step-by-step explanation:

Kilometers is a widespread unit derived from SI (System International) unit for length (meter, 1 kilometer equals 1000 meters) used for distances in automotive applications, especially in cars, and among them the car described on statement.

Hence, the best unit for measuring how far Micah lives from school is kilometers.

five hotdogs cost $1.80.Each hotdog cost the same amount.What is the cost per hotdog in dollars and cents

Answers

Answer:

$0.36

Step-by-step explanation:

Answer:

$0.36

Step-by-step explanation:

You divide $1.80 by 5.

What’s the answer pls

Answers

9514 1404 393

Answer:

  (c)  $497.90

Step-by-step explanation:

The 8.25% sales tax adds ...

  0.0825 · $459.95 = $37.95

to the price, bringing the total to ...

  $459.95 +37.95 = $497.90

3х + 8 = 32
Can someone help to solve for y

Answers

Answer:

[tex]3x + 8 = 32 \\ 3x = 32 - 8 \\ 3x = 24 \\ x = \frac{24}{3} \\ x = 8[/tex]

0.4(0.25)(0.01) is the problem

Answers

i believe the answer is .001
.4 x .25 = .1
.1 x .01 = .001
0.4(0.25)(0.01)
0.1 x 0.01
0.001

The answer is 0.001

I think this is what you need

X-4<5 I don’t get that

Answers

Answer:

x<9

Step-by-step explanation:

so first you add 4 to both sides,

then it is x<9 right?

WELL THAT'S THE ANSWER :)

pls give me brainliest

ˆ

THEY ARE CORRECT

GIVE THEM BRAINLIST BEFORE THIS GETS DELETED

A statistician chooses 27 randomly selected dates, and when examining the occupancy records of a particular motel for those dates, finds a variance of 34.34 and a standard deviation of 5.86 rooms rented. If the number of rooms rented is normally distributed, find the 95% confidence interval for the population standard deviation of the number of rooms rented. Interpret your interval in context.

Answers

Answer:

Confidence interval variance [21.297 ; 64.493]

Confidence interval standard deviation;

4.615, 8.031

Step-by-step explanation:

Given :

Variance, s² = 34.34

Standard deviation, s = 5.86

Sample size, n = 27

Degree of freedom, df = 27 - 1 = 26

Using the relation for the confidence interval :

[s²(n - 1) / X²α/2, n-1] ; [s²(n - 1) / X²1-α/2, n-1]

From the chi distribition table :

X²α/2, n-1 = 41.923 ; X²1-α/2, n-1 = 13.844

Hence,

[34.34*26 / 41.923] ; [34.34*26 / 13.844]

[21.297 ; 64.493]

The 95% confidence interval for the population variance is :

21.297 < σ² < 64.493

Standard deviation is the square root of variance, hence,

The 95% confidence interval for the population standard deviation is :

4.615 < σ < 8.031

The population variance of 95% confidence interval is [tex]4.615<\sigma<8.031[/tex] and this can be determined by using the given data.

Given :

Variance = 34.34Standard Deviation = 5.86Sample Size = 2795% confidence interval

First, determine the degree of freedom.

[tex]df = 27-1=26[/tex]

The determine the confidence interval using the below formula:

[tex]\left(\dfrac{s^2(n-1)}{X^2_{\alpha/2,(n-1) }}\right);\left(\dfrac{s^2(n-1)}{X^2_{(1-\alpha)/2,(n-1) }}\right)[/tex]

Now, using the chi distribution the above expression becomes:

[tex]\left(\dfrac{34.34\times 26}{41.923 }}\right);\left(\dfrac{34.34\times 26}{13.844 }}\right)[/tex]

Simplify the above expression.

(21.297 ) ; (64.493)

So, the population variance of 95% confidence interval is:

[tex]\begin{aligned}\\21.297&<\sigma^2<64.493\\4.615&<\sigma<8.031\\\end{alingned}[/tex]

For more information, refer to the link given below:

https://brainly.com/question/7635845

write three expressions for 7a+21​

Answers

7(a)+21. , 7a+7.3. , 7(a+3). Hope this helps
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Can anyone solve this question from my soldier's heart essay?Before Charleys first battle, he writes a letter to his mother stating that he is a man (even though hes still a boy). Why do you think he views himself a man? Include an example from the text to support your answer. Sheffield Corp. purchased land as a factory site for $1360000. Sheffield paid $116000 to tear down two buildings on the land. Salvage was sold for $8500. Legal fees of $5400 were paid for title investigation and making the purchase. Architect's fees were $46300. Title insurance cost $3900, and liability insurance during construction cost $4200. Excavation cost $15540. The contractor was paid $4500000. An assessment made by the city for pavement was $9500. Interest costs during construction were $252000. The cost of the land that should be recorded by Sheffield Corp. is $1486300. $1490900. $1476800. $1500400. Which equation represents a line which is parallel to the line 8x 7y = 35? Neil, a business analyst, needs to analyze and examine a proposed project. Which study will help him do so?study will help Neil analyze and examine the proposed product.ResetNext Which root word in the list drops an e when the suffix is added? scientistartistbicyclistenjoyment foolish is the given function continuous at x=1? [tex]f(x) = 2x {}^{2} - 3x + 1[/tex]A. No since the value of the function at x = 1 is 4B. No since the function is undefined at x=1C. Yes since the function is defined at x=1D. Yes since the value of the function at x=1 is 4 Expand 2(c + 4).Please help me why did many people move to the republic of texas ASAP PLEASE I NEED THIS VERY BAD 15 POINTS Which of the following is a rational number? Graph the functionNeed help ASAP plz Help me do this Please please Please help me with this When multiplying or dividing integers, if the signs are the same, you keep the sign for the answer.GIVING BRAINLIST PLEASE ANSWER CORRECT!!! FalseTrue The German Air Force is Known As? If you were climbing Mount Moran, how might you be able to tell one rock from another? On January 2, 2020, Coronado Industries began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 $ 610000 September 1, 2020 1800000 December 31, 2020 1800000 March 31, 2021 1800000 September 30, 2021 1203000 Coronado Industries borrowed $3280000 on a construction loan at 13% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had $12480000 in 10% bonds outstanding in 2020 and 2021. The interest capitalized for 2020 was: Factor the expression: -x - 6 = please help me with this will give you brainliest Please help me fast!! Which expression is equivalent to ?