In a simple random sample of 352 students at a college, 92 reported that they have at least $1000 of credit card debt. Which interval is the 99% confidence interval for the percent of all the students at that college who have at least $1000 in credit card debt

Answers

Answer 1

Answer:

The 99% confidence interval for the percent of all the students at that college who have at least $1000 in credit card debt is (20.11%, 32.17%).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the z-score that has a p-value of [tex]1 - \frac{\alpha}{2}[/tex].

In a simple random sample of 352 students at a college, 92 reported that they have at least $1000 of credit card debt.

This means that [tex]n = 352, \pi = \frac{92}{352} = 0.2614[/tex]

99% confidence level

So [tex]\alpha = 0.01[/tex], z is the value of Z that has a p-value of [tex]1 - \frac{0.01}{2} = 0.995[/tex], so [tex]Z = 2.575[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.2614 - 2.575\sqrt{\frac{0.2614*0.7386}{352}} = 0.2011[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.2614 + 2.575\sqrt{\frac{0.2614*0.7386}{352}} = 0.3217[/tex]

As percent:

0.2011*100% = 20.11%

0.3217*100% = 32.17%.

The 99% confidence interval for the percent of all the students at that college who have at least $1000 in credit card debt is (20.11%, 32.17%).


Related Questions

A store has two different coupons that customers can use. One coupon gives the customer $35 off their purchase, and the other coupon gives the customer 35% off of their purchase. Suppose they let a customer use both coupons and choose which coupon gets applied first. For this context, ignore sales tax.

Let f be the function that inputs a cost in dollars) and outputs the cost after applying the "$35 off" coupon, and let g be the function that inputs a cost in dollars) and outputs the cost after applying the "30% off" coupon.

Required:
What is correctly represents the fact that the cost of purchasing $190 worth of goods is $98 when the "30% oft" coupon is applied first followed by the "$35 off" coupon?

Answers

Answer:

h(x)=f[g(x)]=0.7x-35

Step-by-step explanation:

In this case function f, which inputs a cost and outputs the cost after applying the $35 off coupon looks like this:

f(x)=x-35

where x is the cost of the purchase. In this case we are subtracting the $35 from the cost x.

Function g, which inputs a cost and outputs the cost after applying the 30% off coupon looks like this:

g(x)=x-0.3x

g(x)=0.7x

in this case we are subtracting 30 percent of the cost from the cost of the purchase.

So in order to find a function that represents the cost of the purchase when first applying the 30% coupon and then the $35 coupon we will need to get a composite function f(g(x)). Which means we need to substitute function g(x) into the f(x) function so we get:

h(x)=f[g(x)]=(0.7x)-35

or:

h(x)=0.7x-35

We can prove this function works when plugging x=$190 in so we get:

h(190)=0.7(190)-35

h(190)=133-35

h(190)=98

A personnel psychologist studying adjustment to the job of new employees found a correlation of .3 between amount of education and rating by job supervisors 2 months later. The psychologist now plans to use the amount of education to predict supervisors’ later ratings. Indicate the independent/predictor variable, dependent/criterion variable, and beta. Write the Z-score prediction model; give the predicted Z-scores for supervisor ratings for employees with the amount of education Z-score of -1.5, -1, -.5

Answers

Answer:

the predictor variable is: amount of education

the criterion variable is: the Supervisors' rating

the beta is: .3

the Zy scores are -0.45, -0.3, 0.15

Step-by-step explanation:

r=beta which is the same; hence correlation equals regression

use this formula for the Z-scores

Zy= (beta) (Zx)

zy=(.3) (-1.5) = -0.45

(E) -1.5;

Zy=-0.45

(F)-1,

Zy=-0.3  

(G)-.5.

Zy=-0.15

If f(x) = 3x - 1 and f(x) = 3f(x) = 3, find x.​

Answers

Answer:

x = 4/3

Step-by-step explanation:

f(x) = 3x - 1

f(x) = 3

set equal

3x - 1 = 3

add 1 to both sides

3x = 4

Divide both sides by 3

x = 4/3

Answer:

x=4/3

Step-by-step explanation:

[tex]\tt f(x)=3x-1[/tex]  [tex][\tt f(x)=3][/tex]

[tex]\tt 3=3x-1[/tex]

[tex]\tt 3+1=3x[/tex]

[tex]\tt 4=3x[/tex]

[tex]\tt x=\cfrac{4}{3}[/tex]

Josh used 3 packages of spaghetti to make dinner for 19 guests. How much did
each guest have?

Answers

Answer:

6.3

Step-by-step explanation:

19/3=6.3 repeating so i just shortened it to 6.3.

final answer: 6.3

what are some ways customers could get in financial trouble with credit cards? write in sentence or paragraph form

Answers

Wasting money on non important things

Answer:

the ways customers could get in financial trouble with thier credit cards are:

The Allure of Excessive Spending Interst Makes Paying Off the Balance Difficult. There's a chance you'll end up in debt.

You run the risk of damaging your credit score.

Minimum payments can give the impression of safety.

Credit Card Terms Can Be Confusing.

It's more difficult to keep track of spending, especially 

when using multiple credit cards.

Step-by-step explanation:

-

HELPPP HELPPP HELPPP!!!!

Answers

Answer:

Step-by-step explanation:

area =8*4 cm

=32 cm^2

Answer:

area of the figure=8×4

=32 cm²

The following rule is used to work out the total cost, in cunos, ofhings
Total cost - 9 euros for each hour plus 20 euro
Paolo hires the room for 5 hours.
(a) Work out the total cost.

Answers

Answer:

65

Step-by-step explanation:

9+9+9+9+9

or

9×5 both = 45

45+20 euros = 65

45 euros per 5 hours , + bonus the 20 euros = 65 in total.

Anybody Know? It’s just a SOLVE FOR X

Answers

Answer:

Hello! answer: 10

Step-by-step explanation:

x = 10 because...

10 × 3 = 30 30 + 5 = 35 35 + 55 + 90 = 180 therefore x = 10 hope that helps!

Rewrite the following logarithmic expression as an exponential expression

Answers

Answer:

it should be the same answer....?

Step-by-step explanation:

The perimeter of the
rectangle is 14 m and
the area is 12 m2.
Calculate the length
of the rectangle
diagonal​

Answers

Answer:

5

Step-by-step explanation:

area of rectangle = l(ength)×w(idth)

perimeter = 2×l + 2×w

diagonal = sqrt(l² + w²) (Pythagoras)

l×w = 12. => l = 12/w

2×l + 2×w = 14

2×12/w + 2×w =14

12/w + w = 7

12 + w² = 7w

w² - 7w + 12 = 0

=> (after a little thinking and trying : what 2 numbers multiply to 12 and add to -7 ? -3 and -4

=> (w-3)×(w-4) = 0

so, we get 2 solutions for w : 3 and 4

that gives us 2 solutions for l : 4 and 3

so, one is 3 and the other 4. it does not matter which is which. length 4 and width 3 produce the same diagonal as length 3 and width 4.

diagonal = sqrt(l² + w²) = sqrt(16 +9) = sqrt(25) = 5

Find a,b,c and d?..........

Answers

9514 1404 393

Answer:

  a = 6, b = 12, c = 6, d = 6√3

Step-by-step explanation:

The two triangles are the "special" triangles.

The 45-45-90 triangle has side lengths in the ratios 1 : 1 : √2.

The 30-60-90 triangle has side lengths in the ratios 1 : √3 : 2.

Then ...

  c : a : 6√2 = 1 : 1 : √2   ⇒   c = a = 6

and ...

  a : d : b = 1 : √3 : 2   ⇒   d = 6√3 and b = 12 . . . (since a=6)

The lengths are ...

  a = 6, b = 12, c = 6, d = 6√3

A person of interest was identified by the police. Using three different telecommunication towers,
the police were able to gather the following information about the person's cell phone location.
• The person is 7 miles away from A(4,4.6).
• The person is 5 miles away from B(-3.5, - 3.8).
• The person is 6 miles away from C(-6, 5.5).
Use the information from towers A, B, and C to find the approximate location of the person of
interest.

Answers

Answer:

Well since he tracked the person through the communication towers he was able to gather information, with this information we can solve and find out how far this person is.

Step-by-step explanation: read above and trust

Luigi ha 2 figli di 15 e 11 anni. Fra 18 anni la sua età sarà uguale alla somma delle età che avranno i figli. Quanti anni ha oggi Luigi?​

Answers

Answer:

please if you need help, type in English, thanks :)

What is the value of x in the equation 25x = 16?
O A + 4
5
OB.
+4
oc. + 1
OD
NIH
clos
Reset

Answers

Answer:

C. ±4/5

Step-by-step explanation:

25x² = 16

25x² - 16 = 16 - 16

25x² - 16 = 0

25x² + 20x - 20x - 16 = 0

(25x² + 20x) + (- 20x - 16) = 0

5x(5x + 4) - 4(5x + 4) = 0

(5x - 4)(5x + 4) = 0

5x - 4 =0

5x + 4 = 0

[tex]x=-\frac{4}{5}[/tex]

[tex]x=\frac{4}{5}[/tex]

± is a symbol which represents addition and subtraction.

20/5 as a whole number

Answers

Answer:

4 is the answer

Step-by-step explanation:

Write the numbers in order from least to greatest. *
1 point
Captionless Image
1/4; 0.4; 0.55; 3/5
0.4; 1/4; 0.55; 3/5
1/4; 3/5; 0.4; 0.55
3/5; 0.4; 1/4; 0.55

Answers

Answer:

1/4; 0.4; 0.55; 3/5

0.25, 0.40, 0.55, 0.60

Already in order.

0.4; 1/4; 0.55; 3/5

0.40, 0.25, 0.55, 0.60

1/4; 0.4; 0.55; 3/5

1/4; 3/5; 0.4; 0.55

0.25, 0.60, 0.40, 0.55

1/4; 0.4; 0.55; 3/5

3/5; 0.4; 1/4; 0.55

0.60, 0.40, 0.25, 0.55

1/4; 0.4; 0.55; 3/5

9x−4=−1 how do i show my work for this?

Answers

Answer:

x = 1/3

Step-by-step explanation:

9x - 4 = -1

9x = -1 + 4

9x = 3

Please help!!! Here’s a picture of my question

Answers

Answer:

option no. D

Step-by-step explanation:

i+34j+14k

hope it helps


What are the Missing sides?

Answers

Answer:

i think the answer is A ,if I'm wrong plz tell me

Ive been stuck on this problem for an hour, help pleaseee.

The graph of the function is given below. Give all y-intercepts and x-intercepts shown.

Answers

Answer:

y intercept: [tex]y = 1[/tex]

x intercept: [tex]x = -1[/tex] and [tex]x = -3[/tex]

Step-by-step explanation:

Given

The attached graph

Solving (a): The y intercepts

This is the point where [tex]x = 0[/tex]

From the attached graph, [tex]x = 0[/tex] when

[tex]y = 1[/tex]

Hence, the y intercept is 1

Solving (b): The x intercepts

This is the point where [tex]y = 0[/tex]

From the attached graph, [tex]y = 0[/tex] when

[tex]x = -1[/tex] and [tex]x = -3[/tex]

Hence, the x intercept are -1 and -3

Question about decimals
I have a math problem
205.17/713.95
I worked it out all by hand and eventually got to 34.79797241 as the calculator stated. This problem was very time consuming as it took a lot of work to complete. I was wondering if there was a simpler way of cutting my answer short that would also be correct?. I am unable to determine if this number is terminal or repeating as the decimal answer looks repeating with the 7979 but then appears to be terminal with the 241 part. Im assuming this number is terminal? Do I just need to suck it up and do the math or Is there a certain part of the decimal place value it would be appropriate to just stop at?


One more question unrelated to my previous questions.
I originally tried to solve this problem out of (A.) 713.95the divisor /by 205.17 the dividend as I know I am ALWAYS supposed to put the bigger number in the dividend section, but I am curious on how I would go about solving this question the opposite way (B.) with 205.17 as the divisor /by 713.95 as the dividend. I know this is possible as the calculator states
(A.) 713.95/205.17 =3.479797241
(B.) 0.2873730653 (I'm guessing this overwhelmingly long decimal is also terminal?)

Answers

Answer:

Both are terminating decimals

Step-by-step explanation:

Answer to your questions:

First of all, both A and B are correct and both quotients are terminating decimals.To find out if the decimal is terminating or not, multiply the quotient by divisor. If you get exactly the same number as dividend, then it is terminating otherwise it is non-terminating.The fraction may have greater numerator than denominator, in this case the quotient will be greater than one.Now regarding simplification. You would be asked to give an answer rounded to some extend.  One decimal place, two decimal places, 3 significant numbers etc. For the first operation you would get 34.8 (rounded to nearest tenth). Or you may be asked to have a best estimated result. In this case you would round the initial numbers and find results. 205/714 ≈ 0.29

Determine the equation of the circle graphed below.

Answers

Step-by-step explanation:

radius= √(2+2)²+(0+3)²=√4²+3²=√16+9

=√25=5

the equation is

(x+2)²+(y+3)²=25

or

x²+y²+4x+6y-12 = 0

uwuwhwhwuwuwuwuwuwiwuuwuwiwiw

work out the area of this circle. take pi to be 3.142 and give your answer to be 2 decimal places. 11,2 cm

Answers

Answer:

11.2 i think so but you will write 11.2

PLEASE HELP!!!!!!!!!!​

Answers

Answer:

second

Step-by-step explanation:

[tex]\frac{2x}{5} +\frac{1x}{5} +\frac{5}{8} -\frac{2}{8} = \frac{3x}{5} +\frac{3}{8}[/tex]

Answer:

3/5 x + 3/8

remove parentheses:

2/5x + 5/8 + 1/5x - 1/4

simplify terms:

3/5x + 5/8 - 1/4

make 1/4 have a common denominator to 15/8 by multiplying 2/2.

3/5x + 5-2/8 =

3/5x + 3/8

Which of these is a simplified form of the equation 7x + 4 = 5 + 3x + 1x?

1. 3x = 9
2. 3x = 1
3. 11x = 9
4. 11x = 1

Answers

Answer:

Step-by-step explanation:

hhhhhhhhhhhhhhhhhhhhhhhhhhhhh

7x+4=5+3x+1x
7x+4=5+4x
7x=5-4+4x
7x-4x=5-4
3x=1
So the answer is 2

In a dark room, the pupil of a human eye grows to a diameter of about 3.2 x 10 inches. It
bright light, the pupil shrinks to a diameter of about 8 x 10 inches. How much greater is
the pupil's diameter in a dark room than in bright light?

Answers

Answer: the answer is 48 inches

Step-by-step explanation:

if x is directly proportional to y and x= 4.5 when y = 3 find y when x = 24.

A) 63 B) 85 C) 16

Answers

x=4.5 - - -> y=3

x=24 - - - -> y= n

4.5n= 72

n= 72/4.5

n= 16

the answer is C) 16

X = 4.5

Y= 3

X=24

Answer: C) 16

Find the value of x for which ABCD Is a parallelogram:
Please help :,)

Answers

Answer :
x =5

Explanation :
In a parallelogram opposite sides are equal.
So, 4x =20 (OR) 3x +10 = 5x
x = 20/4 10 = 5x -3x
x = 5 10 = 2x => x =10/2 => x = 5

Stephan can type 2700 words in 90 mins Jim can type 2450 in 70 mins gavin can type 1600 words in 40 mins who can type the fastest rate of words per minute

Answers

Answer:

Gavin with 40 words per minute

Step-by-step explanation:

Stephan speed- 2700 words/90 minutes = 30 words per minute

Jim speed- 2450 words/70 minutes= 35 words per minute

Gavin 1600 words / 40 minutes= 40 words per minute

Plz help me well mark brainliest if correct.......????

Answers

Answer:

D

Step-by-step explanation:

shows change over time

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