Answer:
$6284.4≤μ≤$6313.6
Step-by-step explanation:
Using the formula for calculating confidence interval as shown:
CI = xbar ± Z×S/√n
xbar is the average premium
Z is the z-score at 95% confidence
S is the standard deviation
n is the sample size
Given parameters
xbar = $6600
Z score at 95% CI = 1.96
S = $800
n = 25
Substituting this parameters in the formula we have;
CI = 6600±1.96×800/√25
CI = 6600±(1.96×800/5)
CI = 6600±(1.96×160)
CI = 6600±313.6
CI = (6600-313.6, 6600+313.6)
CI = (6284.4, 6913.6)
Hence the 95% confidence interval for the mean premium amount paid by all workers who have employer provided health insurance is $6284.4≤μ≤$6313.6
Two friends are standing at opposite corners of a rectangular courtyard. The dimensions of the courtyard are 12 ft. by 25 ft. How far apart are the friends?
Answer:
27.73 feet
Step-by-step explanation:
Use the Pythagorean theorem. It easiest to think of the distance between the two friends as a triangle in the rectangle. One side is 12ft and the other is 25ft.
12^2+25ft^2=769
The square root of 769 is 27.73
Answer:
27.73 Ft
Step-by-step explanation:I took the test
. One sample has M = 18 and a second sample has M = 14. If the pooled variance for the two samples is 16, what is the value of Cohen’s d?
Answer:
Cohen's d : 1.00
Step-by-step explanation:
We know that M₁ = 18, and M₂ = 14. Given that the pooled variance for the these two samples are 16, S²Pooled = 16, and therefore S - pooled = 4.
The formula to solve for the value of Cohen's d is as follows,
d = M₁ - M₂ / S - pooled,
d = 18 - 14 / 4 = 4 / 4 = 1
Therefore the value of Cohen's d = 1
The scores for all the Algebra 1 students at Miller High on a test are normally distributed with a mean of 82 and a standard deviation of 7. What percent of students made scores above 89?
Answer:
15.7% of students made above an 89.
Step-by-step explanation:
If the data is normally distributed, the standard deviation is 7, and the mean is 82, then about 68.2% of students made between 75 and 89. 13.6% made between 90 and 96, and 2.1% made over 96. 13.6+2.1=15.7%
consider the bevariate data below about Advanced Mathematics and English results for a 2015 examination scored by 14 students in a particular school.The raw score of the examination was out of 100 marks.
Questions:
a)Draw a scatter graph
b)Draw a line of Best Fit
c)Predict the Advance Mathematics mark of a student who scores 30 of of 100 in English.
d)calculate the correlation using the Pearson's Correlation Coefficient Formula
e) Determine the strength of the correlation
Answer:
Explained below.
Step-by-step explanation:
Enter the data in an Excel sheet.
(a)
Go to Insert → Chart → Scatter.
Select the first type of Scatter chart.
The scatter plot is attached below.
(b)
The scatter plot with the line of best fit is attached below.
The line of best fit is:
[tex]y=-0.8046x+103.56[/tex]
(c)
Compute the value of x for y = 30 as follows:
[tex]y=-0.8046x+103.56[/tex]
[tex]30=-0.8046x+103.56\\\\0.8046x=103.56-30\\\\x=\frac{73.56}{0.8046}\\\\x\approx 91.42[/tex]
Thus, the Advance Mathematics mark of a student who scores 30 out of 100 in English is 91.42.
(d)
The Pearson's Correlation Coefficient is:
[tex]r=\frac{n\cdot \sum XY-\sum X\cdot \sum Y}{\sqrt{[n\cdot \sum X^{2}-(\sum X)^{2}][n\cdot \sum Y^{2}-(\sum Y)^{2}]}}[/tex]
[tex]=\frac{14\cdot 44010-835\cdot 778}{\sqrt{[14\cdot52775-(825)^{2}][14\cdot 47094-(778)^{2}]}}\\\\= -0.7062\\\\\approx -0.71[/tex]
Thus, the Pearson's Correlation Coefficient is -0.71.
(e)
A correlation coefficient between ± 0.50 and ±1.00 is considered as a strong correlation.
The correlation between Advanced Mathematics and English results is -0.71.
This implies that there is a strong negative correlation.
The solution system to 3y-2x=-9 and y=-2x+5
Answer:
[tex]\boxed{(3,-1)}[/tex]
Step-by-step explanation:
Hey there!
Well to find the solution the the given system,
3y - 2x = -9
y = -2x + 5
So to find x lets plug in -2x + 5 for y in 3y - 2x = -9.
3(-2x + 5) - 2x = -9
Distribute
-6x + 15 - 2x = -9
-8x + 15 = -9
-15 to both sides
-8x = -24
Divide -8 to both sides
x = 3
Now that we have x which is 3, we can plug in 3 for x in y = -2x + 5.
y = -2(3) + 5
y = -6 + 5
y = -1
So the solution is (3,-1).
Hope this helps :)
Multiple-Choice Questions
1. In 1995, Diana read 10 English books and 7 French books. In 1996, she read twice as many French books as English books. If 60% of the books that she read during the 2 years were French, how many English and French books did she read in 1996?
(A) 16
(B) 26
(0) 32
(D) 48
Answer:
(D) 48
Step-by-step explanation:
Let English book = x
Let french book = y
In 1995 x= 10
Y= 7
In 1996
Y = 2x
Total book read in the two years
0.6(Total) = y
0.4(total) = x
We don't know the exact amount of books read in 1996.
Total = 10 + 7 +x +2x
Total = 17+3x
0.6(total) = 7+2x
0.6(17+3x) = 7+2x
10.2 +1.8x= 7+2x
10.2-7= 2x-1.8x
3.2= 0.2x
3.2/0.2= x
16= x
So she read 16 English book
And 16*2 = 32 french book Making it a total of 16+32= 48 books in 1996
please help! algebra 2 work
A pharmacist needs 16 liters of a 4% saline solution. He has a 1% solution and a 5% solution available. How many liters of the 1% solution and how many liters of the 5% solution should he mix to make the 4% solution?
x = liters of 1% solution
y = liters of 5% solution
x + y = 16
0.01x + 0.05y = 0.04*16 = 0.64
y = 16 - x
0.01x + 0.05(16 - x) = 0.64
0.01x + 0.8 - 0.05x = 0.64
0.16 = 0.04x
x = 4
y = 12
A bike wheel. A bike wheel is 26 inches in diameter. What is the bike wheel's diameter in millimeters (1 inch = 25.4 millimeters)?
Answer:
its multiple choice
A. 26inches (1inch/25.4mm)
B. 26inches (25.4mm/1inch)
C. 25.4inches (1mm/26inch)
D. 26inches (1mm/25.4inch)
and its b
Consider the surface f(x,y) = 21 - 4x² - 16y² (a plane) and the point P(1,1,1) on the surface.
Required:
a. Find the gradient of f.
b. Let C' be the path of steepest descent on the surface beginning at P, and let C be the projection of C' on the xy-plane. Find an equation of C in the xy-plane.
c. Find parametric equations for the path C' on the surface.
Answer:
A) ( -8, -32 )
Step-by-step explanation:
Given function : f (x,y) = 21 - 4x^2 - 16y^2
point p( 1,1,1 ) on surface
Gradient of F
attached below is the detailed solution
How many petals are on the graph? Find the trigonometric form of a given function.
Answer:
Attachment 1 : Option A,
Attachment 2 : Option C
Step-by-step explanation:
( 1 ) Here we know that " n " is 6. Now remember if n is odd, the number of petals on the graph will be n. However if n is even, the number of petals on the graph will be 2n.
6 is even, and hence the number of petals will be 2(6) = 12 petals. Solution : 12 petals
( 2 ) To solve such problems we tend to use the equation [tex]z = x + y * i = r(cos\theta +isin\theta)[/tex] where [tex]r = \sqrt{x^2+y^2}[/tex] etc. Here I find it simpler to see each option, and convert each into it's standard complex form. It might seem hard, but it is easy if you know the value of (cos(5π / 3)) etc...
The answer here will be option c, but let's prove it,
cos(5π / 3) = 1 / 2,
sin(5π / 3) = [tex]-\frac{\sqrt{3}}{2}[/tex]
Plugging those values in for " [tex]8\left(\cos \left(\frac{5\pi }{3}\right)+i\sin \left(\frac{5\pi }{3}\right)\right)[/tex] "
[tex]8\left(-\frac{\sqrt{3}i}{2}+\frac{1}{2}\right)[/tex]
= [tex]8\cdot \frac{1}{2}-8\cdot \frac{\sqrt{3}i}{2}[/tex] = [tex]4-4\sqrt{3}i[/tex]
Hence proved that your solution is option c.
How many numbers from 10 to 99 have a tens place exactly 3 times greater than their ones place? PLZZZ answer this question . I will be very happy whoever answers this I will give u brainliest too.
Answer:
45
Step-by-step explanation:
2 digit number starts from 10 ends at 99
between 10 and 19 there is only one number whose tens digit is more than ones digit.
that is 10
between 20 and 29 there are two numbers
20 and 21
like the same
between 30 and 39 there are 3 numbers
10–19. 1
20–29. 2
30–39. 3
40–49. 4
50–59. 5
60–69. 6
70–79. 7
80–89. 8
99–99. 9
sum of first n natural numbers is n(n+1)/2
9(9+1)/2=45
Three numbers between 10 and 99 have tens places that are precisely three times larger than their one's places.
What is Place value?The foundation of our whole number system is place value. In this approach, the value of a digit in a number is determined by where it appears in the number.
The tens digit must be three times larger than the units digit in order to meet the requirement. The units digit can have one of the following values: 0, 1, 2, 3, 4, 5, 6, 7, 8, or 9.
Since we are seeking two-digit integers, it is not possible if the unit digit is zero for the tens digit also be zero.
In the case when the unit digit is 1, the tens digit must be 3, resulting in the number 31. Similar to the previous example, if the unit digit is 2, the tens digit must be 6, resulting in the number 62.
As we proceed, we discover the following integers meet the condition:
31, 62, 93
Therefore, there are three numbers from 10 to 99 that have a tens place exactly 3 times greater than their one's place.
Learn more about place values here:
https://brainly.com/question/27734142
#SPJ3
Plzz help i really need help..
Answer:
D. neither.
Step-by-step explanation:
A function is when one x-value only has one corrisponding y-value.
The answer it's D. Neither
Which rule describes this transformation? (Zoom in to see it clearly)
Answer:
(x,y) -> (x+6, y-3)
Step-by-step explanation:
I followed c and it translated like the last ans choice.
Find the area of the shape shown below.
2
2
nd
2
Need help Plz hurry and answer!!!
Answer:
=6 units squared
Step-by-step explanation:
area=1/2h(a+b)
=1/2×2(4+2)
=6
A household survey of 10 families was conducted by students of 4th year MBBS. In the collected data, the ages of heads of families were: 32, 34, 35, 36, 36, 42, 44, 46, 48, and 52. The mean age of heads of families is
a. 36
b. 38.5
c. 40
d. 40.5
e. 42
Answer:
Which polynomial is prime?
7x2 – 35x + 2x – 10
9x3 + 11x2 + 3x – 33
10x3 – 15x2 + 8x – 12
12x4 + 42x2 + 4x2 + 14
Step-by-step explanation:
Which polynomial is prime?
7x2 – 35x + 2x – 10
9x3 + 11x2 + 3x – 33
10x3 – 15x2 + 8x – 12
12x4 + 42x2 + 4x2 + 14 SO IT IS RIGHT
A population has a mean and a standard deviation . Find the mean and standard deviation of a sampling distribution of sample means with sample size n. nothing (Simplify your answer.) nothing (Type an integer or decimal rounded to three decimal places as needed.)
Complete Question
A population has a mean mu μ equals = 77 and a standard deviation σ = 14. Find the mean and standard deviation of a sampling distribution of sample means with sample size n equals = 26
Answer:
The mean of sampling distribution of the sample mean ( [tex]\= x[/tex]) is [tex]\mu_{\= x } = 77[/tex]
The standard deviation of sampling distribution of the sample mean ( [tex]\= x[/tex]) is
[tex]\sigma _{\= x} = 2.746[/tex]
Step-by-step explanation:
From the question we are told that
The population mean is [tex]\mu = 77[/tex]
The standard deviation is [tex]\sigma = 14[/tex]
The sample size is [tex]n = 26[/tex]
Generally the standard deviation of sampling distribution of the sample mean ( [tex]\= x[/tex]) is mathematically represented as
[tex]\sigma _{\= x} = \frac{ \sigma }{ \sqrt{n} }[/tex]
substituting values
[tex]\sigma _{\= x} = \frac{ 14}{ \sqrt{26} }[/tex]
[tex]\sigma _{\= x} = 2.746[/tex]
Generally the mean of sampling distribution of the sample mean ( [tex]\= x[/tex]) is equivalent to the population mean i.e
[tex]\mu_{\= x } = \mu[/tex]
[tex]\mu_{\= x } = 77[/tex]
According to psychologists, IQs are normally distributed, with a mean of 100 and a standard deviation of 15 . a. What percentage of the population has IQs between 85 and 100 ?
Log 1/10 how do you convert this without a calculator
Answer:
log(1/10) = -1
Step-by-step explanation:
Use the law of exponents and the meaning of logarithm.
1/10 = 10^-1
log(10^x) = x
So, you have ...
log(1/10) = log(10^-1)
log(1/10) = -1
Question 1 (5 points)
The line segment AB with endpoints A(-3, 6) and B(9, 12) is dilated with a scale
factor 2/3 about the origin. Find the endpoints of the dilated line segment.
OA) (-2, 4), (6,8)
B) (2, 4). (6,8)
OC) (4, -2), (6,8)
OD) (-2,4), (8,6)
Answer: A) (-2, 4), (6,8)
Step-by-step explanation:
When a point (x,y) is dilated by a scale factor of k , then the new points is given by (kx,ky).
Given: The line segment AB with endpoints A(-3, 6) and B(9, 12) is dilated with a scale factor [tex]\dfrac23[/tex] about the origin.
Let A' and B' b the endpoints of the dilated line segment.
Then, [tex]A'(\dfrac{2}{3}(-3), \dfrac23(6))=A'(-2,4)[/tex]
[tex]B'(\dfrac{2}{3}(9), \dfrac23(12))=B'(6,8)[/tex]
Hence, the correct option is A) (-2, 4), (6,8)
Isreal spends the most time on social media with a total of 11.1.peru has a total of 8.3 how much more time does israel spend on social media
Answer:
2.8
Step-by-step explanation:
11.1-8.3=2.8
HOPE I HELPED
PLS MARK BRAINLIEST
DESPERATELY TRYING TO LEVEL UP
✌ -ZYLYNN JADE ARDENNE
JUST A RANDOM GIRL WANTING TO HELP PEOPLE!
PEACE!
The length of a rectangle is three times its width. If the perimeter of the rectangle is 160 cm, what are the dimensions of this rectangle?
Answer:
The dimensions or Area of the rectangle is 1200cm².
Simple math! What is the issue with my work? I got it wrong.
Answer:
x = 6
Step-by-step explanation:
In the third line of the solution on right side of the equal sign, middle term should be 8x instead of 4x.
The final value of x will be 6.
[tex] PQ^2 + QO^2 = PO^2 \\
x^2 + 8^2 = (4+x)^2 \\
x^2 + 64 = 16 + 8x + x^2 \\
64 = 16 + 8x \\
64 - 16 = 8x \\
48 = 8x \\
6 = x\\[/tex]
PLS HELP:Find all the missing elements:
Answer:
b = 9.5 , c = 15Step-by-step explanation:
For b
To find side b we use the sine rule
[tex] \frac{ |a| }{ \sin(A) } = \frac{ |b| }{ \sin(B) } [/tex]a = 7
A = 23°
B = 32°
b = ?
Substitute the values into the above formula
That's
[tex] \frac{7}{ \sin(23) } = \frac{ |b| }{ \sin(32) } [/tex][tex] |b| \sin(23) = 7 \sin(32) [/tex]Divide both sides by sin 23°
[tex] |b| = \frac{7 \sin(32) }{ \sin(23) } [/tex]b = 9.493573
b = 9.5 to the nearest tenthFor cTo find side c we use sine rule
[tex] \frac{ |a| }{ \sin(A) } = \frac{ |c| }{ \sin(C) } [/tex]C = 125°
So we have
[tex] \frac{7}{ \sin(23) } = \frac{ |c| }{ \sin(125) } [/tex][tex] |c| \sin(23) = 7 \sin(125) [/tex]Divide both sides by sin 23°
[tex] |c| = \frac{7 \sin(125) }{ \sin(23) } [/tex]c = 14.67521
c = 15.0 to the nearest tenthHope this helps you
22)
Subtract (4 - 21) - (3 - 51)
A)
1+3i
B)
1-71
7+3i
D)
7-7i
Answer:
1 +3i
Step-by-step explanation:
(4 - 2i) - (3 - 5i)
Subtract the reals
4 - 3 =1
Subtract the imaginary
-2i - -5i
-2i + 5i = 3i
1 +3i
Answer:
A
Step-by-step explanation:
Subtract all real numbers
4 - 3 = 1
Subtract all imaginary numbers
-2i - (-5i) = 3i
Put back together
1 + 3i
Best of Luck!
In recent years, the interest rates on home mortgages have declined to less than 6%. However, a
recent study shows that the rate charged on credit card debt is more than 14%. A sample of 10 credit
cards showed that the mean rate charged is 15.64% with a standard deviation of 1.561%. At 1% level
of significance, is it reasonable to conclude the mean rate charged is greater than 14%?
Answer:
Yes it is reasonable to conclude the mean rate charged is greater than 14%
Step-by-step explanation:
From the question we are told that
The population mean is [tex]\mu = 0.14[/tex]
The sample size is [tex]n = 10[/tex]
The sample mean is [tex]\= x = 0.1564[/tex]
The standard deviation is [tex]\sigma = 0.01561[/tex]
The level of significance is [tex]\alpha = 0.01[/tex]
The null hypothesis is [tex]H_o: \mu = 0.14[/tex]
The alternative hypothesis is [tex]H_a : \mu > 0.14[/tex]
Generally the test statistic is mathematically represented as
[tex]t = \frac{ \= x - \mu }{ \frac{\sigma }{\sqrt{n} } }[/tex]
substituting values
[tex]t = \frac{ 0.1564 - 0.14 }{ \frac{0.01561 }{\sqrt{10} } }[/tex]
[tex]t = 3.322[/tex]
Now the p-value obtained from the z-table is
[tex]p-value = P(t > 3.322) = 0.00044687[/tex]
Since the [tex]p-value < \alpha[/tex] then we reject the null hypothesis, hence we can conclude that the mean rate charged is greater than 14%
My town has two cell phone providers. The provider Don’tTalkMuch charge is $80 per month plus 1 dollar per hour the provider TalkLots charges $20 per month plus 4 dollars per hour how much do you have to use your phone in a month in order for Don’tTalkMuch’s much is a deal to be better for you?
Answer:
The author have to use his/her phone less than 20 hours in a month in order for Don’tTalkMuch's is a deal to be better than TalkLots's is.
Step-by-step explanation:
Call X is the number of hours that the author uses on monthly basis.
Total bill value if the author uses Don’tTalkMuch service is $80 + $1 X.
Total bill value if the author uses TalkLots service is $20 + $4X
The total fees between 2 providers equal as:
$80 + $1 X = $20 + $4X => 3X = $60 => X = 20
Hence: The author have to use his/her phone less than 20 hours in a month in order for Don’tTalkMuch's is a deal to be better than TalkLots's is.
Which of the following statements are true? Select all that apply.
If the equation were graphed, it would be a horizontal line.
Both functions have the same slope.
The origin is the y-intercept for the function expressed in the table.
The linear equation does not have a y-intercept.
The table and the graph express an equivalent function.
Answer:
Both functions have the same slope.The origin is the y-intercept for the function expressed in the table.The table and the graph express an equivalent function.Step-by-step explanation:
Both functions have the same slope
The slope is m in the equation; y =mx+c which is the formula for a straight line.
m = change in Y/change in x
Using 2 points: (1,3/4) and ( 4,3) from the table;
= (3 - 3/4) / ( 4 - 1)
= 2.25/3
= 0.75 which is 3/4 which is the same as the slope of the function in the equation.
The origin is the y-intercept for the function expressed in the table.
Slope of function in table is known to be 0.75. Find c to complete equation.
3 = 0.75 ( 4) + c
3 = 3 + c
c = 0
c is the y-intercept. The origin of a line is 0 so if c is 0 then the origin is the y intercept.
The table and the graph express an equivalent function.
The function for the table as calculated is;
y = 0.75x + 0
y = 0.75x
This is the same as the function for the equation for the graph which is y = 3/4x.
Answer:Both functions have the same slope.
The origin is the y-intercept for the function expressed in the table.
The table and the graph express an equivalent function.
Step-by-step explanation:
Compare the linear functions expressed below by data in a table and by an equation.
A 2-column table with 4 rows. Column 1 is labeled x with entries negative 6, negative four-thirds, 1, 4. Column 2 is labeled y with entries negative StartFraction 9 Over 2 EndFraction, negative 1, three-fourths, 3. y = three-fourths x.
Which of the following statements are true? Select all that apply.
If the equation were graphed, it would be a horizontal line.
Both functions have the same slope.
The origin is the y-intercept for the function expressed in the table.
The linear equation does not have a y-intercept.
The table and the graph express an equivalent function.
If the sum of the daily unpaid balances is $7,812 over a 31-day billing cycle, what is the average daily balance?
Answer:
252
Step-by-step explanation:
Divide 7812 by 31 and we get the average daily answer... Hope this helps!!
Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school.
Part II: Exercise 6.16 presents the results of a poll where 48% of 331 Americans who decide to not go to college do so because they cannot afford it.
#1: Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context.
(a) lower bound: ______ (please round to four decimal places)
(b) upper bound: _____ (please round to four decimal places)
#2: Interpret the confidence interval in context:
(A) We can be 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it
(B) 90% of Americans choose not to go to college because they cannot afford it
(C) We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval
#3: Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. How large of a survey would you recommend?
(a) A survey should include at least ________ people.
Answer:
(1) Therefore, a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it is [0.4348, 0.5252].
(2) We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval
(3) A survey should include at least 3002 people if we wanted the margin of error for the 90% confidence level to be about 1.5%.
Step-by-step explanation:
We are given that a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school.
Firstly, the pivotal quantity for finding the confidence interval for the population proportion is given by;
P.Q. = [tex]\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ~ N(0,1)
where, [tex]\hat p[/tex] = sample proportion of Americans who decide to not go to college = 48%
n = sample of American adults = 331
p = population proportion of Americans who decide to not go to
college because they cannot afford it
Here for constructing a 90% confidence interval we have used a One-sample z-test for proportions.
So, 90% confidence interval for the population proportion, p is ;
P(-1.645 < N(0,1) < 1.645) = 0.90 {As the critical value of z at 5% level
of significance are -1.645 & 1.645}
P(-1.645 < [tex]\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < 1.645) = 0.90
P( [tex]-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < [tex]\hat p-p[/tex] < [tex]1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ) = 0.90
P( [tex]\hat p-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < p < [tex]\hat p+1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ) = 0.90
90% confidence interval for p = [ [tex]\hat p-1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] , [tex]\hat p+1.645 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ]
= [ [tex]0.48 -1.96 \times {\sqrt{\frac{0.48(1-0.48)}{331} } }[/tex] , [tex]0.48 +1.96 \times {\sqrt{\frac{0.48(1-0.48)}{331} } }[/tex] ]
= [0.4348, 0.5252]
(1) Therefore, a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it is [0.4348, 0.5252].
(2) The interpretation of the above confidence interval is that we can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval.
3) Now, it is given that we wanted the margin of error for the 90% confidence level to be about 1.5%.
So, the margin of error = [tex]Z_(_\frac{\alpha}{2}_) \times \sqrt{\frac{\hat p(1-\hat p)}{n} }[/tex]
[tex]0.015 = 1.645 \times \sqrt{\frac{0.48(1-0.48)}{n} }[/tex]
[tex]\sqrt{n} = \frac{1.645 \times \sqrt{0.48 \times 0.52} }{0.015}[/tex]
[tex]\sqrt{n}[/tex] = 54.79
n = [tex]54.79^{2}[/tex]
n = 3001.88 ≈ 3002
Hence, a survey should include at least 3002 people if we wanted the margin of error for the 90% confidence level to be about 1.5%.
