market research indicates that a new product has the potential to make the company an additional $3.8 million, with a standard deviation of $1.8 million. if this estimate was based on a sample of 10 customers, what would be the 90% confidence interval?

Answers

Answer 1

The 90% confidence interval is (2.76, 4.84).

The standard deviation is a measure of the amount of variation or dispersion of a set of values.  A low standard deviation indicates that the values tend to be close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the values are spread out over a wider range.

Standard deviation may be abbreviated SD and is most commonly represented in mathematical texts and equations by the lower-case Greek letter σ (sigma), for the population standard deviation, or the Latin letter s, for the sample standard deviation.

Mean [tex]$(\overline{\mathbf{x}})[/tex] =3.8, sample standard deviation [tex]$(\mathrm{s})[/tex] =1.8, sample size     [tex]$(\mathrm{n})[/tex] = 10

since population standard deviation [tex]$(\sigma)$[/tex] is unknown and the value of [tex]$\mathrm{n}$[/tex] is less than 30, use. [tex]$\mathrm{t}$[/tex] - distribution

degrees of freedom =10-1=9

for 90% confidence level with degrees of freedom = 9

[tex]$t_{\frac{\alpha}{2}}=1.833[/tex] (from t- table)

formula: confidence interval for population mean. [tex]$\mu=\bar{x} \pm t_{\frac{\alpha}{2}} *\left\{\frac{s}{\sqrt{n}}\right\}$[/tex]

= 3.8 ± 1.833×[tex]\left\{\frac{1.8}{\sqrt{10}}\right\}$[/tex]

= 3.8 ± 1.04

= (3.8 - 1.04, 3.8 + 1.04)

= (2.76, 4.84)

Therefore, the 90% confidence interval is (2.76, 4.84).

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Related Questions

the tread life of a particular brand of tire is a random variable best described by a normal distribution with a mean of 60,000 miles and a standard deviation of 2000 miles. what is the probability a particular tire of this brand will last longer than 58,000 miles?

Answers

The probability that a tire of this brand will last longer than 58,000 miles is  0.8413 or 84.13%.

Given in the question that the tread life of a particular brand of tire is a random variable best described by a normal distribution with a mean of 60,000 miles and a standard deviation of 2000 miles.

We have to calculate the probability that a particular tire of this brand which will last longer than 58,000 miles.

The standard normal variable corresponding to the given tire's tread life being longer than 58,000 miles can be calculated using the z-score formula:

The formula for computing a z-score is =(DataValue-Mean)/StDev

Therefore , we can write z = (58,000 - 60,000) / 2000

Hence, z = -1

Next, we can use a standard normal table to find the probability that a standard normal variable will be less than -1:

P(Z < -1) = 0.1587

Hence P = 1 - 0.1587

            P = 0.8413

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Directions: Based on the information given in the following problem, compute the gross pay.

Regular salary: $984 per month

Overtime rate: $10.39 per hour (14 hours overtime to be paid)

Round your answers to two decimal places.

gross pay: $

Answers

The gross pay of the worker when using the given parameters is; $1,129.46

How to calculate the Gross Pay?

Gross pay is defined as the total amount of money you get before taxes or any other deductions are subtracted from your salary.

Net pay is defined as the amount of pay remaining for issuance to an employee after deductions have been taken from individual's gross pay.

Thus;

Gross pay = Net pay + deductions

Net pay = Gross pay - deductions

The parameters are;

Regular salary: $984 per month

Overtime rate: $10.39 per hour (14 hours overtime to be paid)

Gross Pay = 984 + 14(10.39)

Gross Pay = $1,129.46

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Simplify the expression:
[tex]\frac{\frac{x-1}{x+1} -\frac{x+1}{x-1} }{\frac{x-1}{x+1} +\frac{x+1}{x-1} }[/tex]

Answers

Refer to the attached image.

find median in the following distribution

Answers

Answer:

A=2

B=2+3÷2=2.5

C=10+15÷2=12.5

D=20

I don’t Understand this question

Answers

According to this information, investments with 4.2, 1.3 and 2.8 interest have a profit of more than $100. On the other hand, investments with interest of 0.75 and 5.2 have a profit of less than $100.

How to calculate the profit of these investments?

To calculate the profit of these investments we must carry out the following procedure:

1. We must divide the interest in 100

2. We must multiply the interest by the total value of the investment ($1500).

3. We must multiply the result by the number of years of the investment.

4. We must classify the result as less than or greater than $100.

According to the above, investments with 4.2, 1.3 and 2.8 interest have a profit of more than $100. On the other hand, investments with interest of 0.75 and 5.2 have a profit of less than $100.

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an election is coming up between four candidates. in your opinion, candidate a is half as likely to win as candidate c. candidate b is twice as likely to win as candidate d. candidate d is three times more likely than c. for the candidate most likely to win the election, what is the probability that they are going to win?

Answers

The probability that candidate B is going to win the election is 2.

The probability of candidate A winning the election is 0.5, the probability of candidate B winning the election is 2, the probability of candidate C winning the election is 1/3 and the probability of candidate D winning the election is 2/3.

Therefore, the candidate most likely to win the election is candidate B, and the probability that they are going to win is 2. This can be calculated using the formula for probability, which states that the probability of an event occurring is the number of favourable outcomes divided by the total number of outcomes. In this case, the number of favourable outcomes is 1 and the total number of outcomes is 3, so the probability of candidate B winning is 1/3.

Therefore, the probability that candidate B is going to win the election is 2.

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All students in the six grade either purchased their lunch or brought their lunch from home on Monday 24% of the students purchased their lunch 190 students brought their lunch from home how many students are in the six grade

Answers

Answer:

250

Step-by-step explanation:

190 students = 76%

190/76=2.5

2.5 x 100 =250

an arithmetic sequence $2,5,8, 11, 14,\ldots$ is written in order in a book, one hundred numbers per page, beginning on page one. on which page will the number $11{,}111$ appear?

Answers

An arithmetic sequence is a sequence of numbers where the difference between any two consecutive terms is always the same. In this case, the common difference is 3, so every term is 3 more than the previous term.

The [tex]$n^{th}$[/tex] term in the arithmetic sequence can be found using

[tex]$a_n = a_1 + (n - 1)d$[/tex]

where $a_1$ is the first term (2 in this case), $d$ is the common difference (3 in this case), and $n$ is the term number.

To find the page number that $11{,}111$ appears on, we need to find the term number that corresponds to this value:

[tex]$11{,}111 = 2 + (n - 1) \cdot 3$[/tex]

Solving for $n$, we have:

$11{,}109 = 3n - 1$

$3n = 11{,}110$

$n = 37{,}037$

Since each page contains 100 numbers, the number 11,111 appears on page $\left\lceil \frac{37{,}037}{100} \right\rceil = 371$.

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Which equations have no real solution but have two complex solutions? please thanks

Answers

Answer3rd one and 1st

Step-by-step explanation:

The price of an item has been reduced by 80%. The original price was $70. What is the price of the item now?

Please help me it's timed, plus you'll get 100 points.

!!!If correct, Brainliest, Thanks, and 5 stars!!!

Answers

The new price would be $14.
The correct answer and item that cost 70$ being reduced by 80% is 14$.

60 suitcase marked down 20%

Answers

1.20×60=12001200/100=12

12suitcase

Please answer the question in this picture I need help!! 50 points!

Answers

The answer to this question is 8 m

Simplify the expression (6^4)2.

Answers

The answer to your question is 2,592

A cone has a volume of 1024π cubic inches. If the radius is 16 feet, what is the height of the cone?

Answers

The height of the cone is 0.083 inches

How to determine the height of the cone?

From the question, we have the following parameters that can be used in our computation:

Volume = 1024π cubic inches

Radius = 16 feet

Convert the radius to inches

So, we have the following representation

Radius = 192 inches

The volume of a cone is

Volume = 1/3πr^2h

Substitute the known values in the above equation, so, we have the following representation

1/3πr^2h =  1024π

So, we have

r^2h =  3072

This gives

h = 3072/(192^2)

Evaluate

h = 0.083

Hence, the heightt is 0.083 inches

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16. diagonal the perimeter of a rectangle is 32 feet. the length is three times as long as the width. find the length of the diagonal. round to the nearest tenth.

Answers

The length of the diagonal is 12.6 feet.

"Information available from the question"

The perimeter of a rectangle is 32 feet.

The length is three times as long as the width.

We have to find the length of the diagonal.

Let w = width

then

3w = length.

Because we know the perimeter:

Perimeter of the rectangle is : 2(l + w)

32 = 2(w + 3w)

32 = 2(4w)

16 = 4w

4 feet = w (width)

Length:

3w = 3(4) = 12 feet

Diagonal, we use the Pythagorean theorem:

Let d = diagonal

then,

[tex]d^2 = 4^2 + 12^2[/tex]

[tex]d^2[/tex] = 16 + 144

[tex]d^2[/tex] = 160

d = 12.6 feet

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3(4w+2)+13 this was for hw and i need to get my grade up pls help

Answers

Answer:

12w+19

Step-by-step explanation:

[tex]3(4w + 2) + 13[/tex]

You multiply everything in the brackets with 3

[tex]3(4w) + 3(2) + 13[/tex]

[tex]12w + 6 + 13[/tex]

combine the like terms

[tex]12w + 19[/tex]

Please help I don't know how to do it

Answers

The value of x is obtained as follows:

128º.

The measure of angle A is given as follows:

m < A = 132º.

How to obtain the measures?

For a parallelogram, the opposite angles are congruent, meaning that they have the same measure, hence the value of x is obtained as follows:

5x - 508 = x + 4.

4x = 512

x = 512/4

x = 128.

Then the measure of angle A is given as follows:

m < A = 5(128) - 508

m < A = 132º.

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how to subtract a whole number from a mixed fraction?

Answers

You can convert the mixed fraction to decimal form then subtract it from the whole number.

Example:

5 - 1 1/2 ---> 5 - 1.5

Richard and Teo have a combined age of 27. Richard is 3 years older than twice Teo's age. How old are Richard and Teo?

Answers

Answer:  Richard is 22 and Teo is 9

Step-by-step explanation:

a graph titled residuals versus launch angle has launch angle (degrees) on the x-axis, and residual on the y-axis. points decrease, and then curve up. based on the residual plot shown, is a linear model appropriate for using launch angle to predict height? a linear model is appropriate because the residual plot is curved. a linear model is appropriate because many of the residuals are close to zero. a linear model is not appropriate because the residual plot shows a clear pattern. a linear model is not appropriate because the y-intercept of the regression equation is negative.

Answers

In a residual plot, the residuals are plotted against the predictor variable. Ideally, the residuals should be randomly scattered around zero, without any patterns or trends.

If there is a pattern, it suggests that the linear model is not an adequate representation of the data and a more complex model may be necessary.

In this case, the residual scatter plot shows that the residuals are randomly scattered around zero, which suggests that a linear model is appropriate for summarizing the relationship between the predictor and response variables. This means that a straight line can be used to approximate the relationship and make predictions based on the data.

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Eric's freezer has a volume of 20,000 cubic inches. He freezes 30 cartons of strawberries in the freezer. Each carton is 10 inches long, 4 inches wide, and 5 inches high.

What is the volume of one carton of strawberries?

Enter your answer in the box.
in³
Check Answer
Question 2
What is the volume of all of the cartons of strawberries?

Enter your answer in the box.
in³

Answers

The volume of one carton of strawberries is 200 in³.

The volume of all of the cartons of strawberries is 6,000 in³.

What is the volume?

The volume of each carton can be determined by multiplying the length, width and height together.

Volume = length x width x height

10 x 4 x 5 = 200 in³

The volume of all the boxes of strawberries can be determined by multiplying the number of cartons by the volume of one carton.

Volume of the 30 cartons of strawberries = 200 in³ x 30 = 6,000 in³

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at a seaport, the depth of the water during the day can be found using the equation where is the depth of water in feet and is the number of hours after midnight. at 8:30pm what will be the water's height?

Answers

The water's height at 8:30 PM is approximately 0.69 feet.

As per the data given in the question,

We have the equation,

depth = 4 * sin (0.5 * t)

where t is the number of hours after midnight.

As we need to find the depth of the water at 8:30 PM,

For finding the value of the depth at 8:30 PM we need to first convert 8:30 PM to the number of hours after midnight.

8:30 PM = 20.5 hours after midnight

So, substituting t = 20.5 into the equation,

we will get it as:

depth = 4 * sin (0.5 * 20.5)

depth = 4 * sin (10.25)

depth = 4 * 0.1736481776669303

depth = 0.6945971520676809

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Jordan compared 10 books at the school library. The following table shows the number of chapters and the total number of pages for each book.


Number of Chapters 3 4 5 8 10 12 13 14 16 20
Total Pages 18 38 45 85 76 145 138 160 180 220

Which of the following representations is most appropriate to show the relationship between the number of chapters and the total pages of a book?

Answers

Answer:

B.

Step-by-step explanation:

i think 99.9% sure!

Answer:

he representation that is most appropriate to show the relationship between the number of chapters and the total pages of a book is given by:

Graph 3

How to choose the correct graph?

Before choosing the correct graph, we must classify the function as discrete or continuous, as follows:

Discrete function: the input values of the function are only certain values on an interval.

Continuous function: the input values of the function are all the real values in the interval.

Then the graph of each type of function is given as follows:

Discrete function: dots.

Continuous function: solid line.

The input and output variables in this problem are given as follows:

Input variable: number of chapters.

Output variable: number of pages.

The number of chapters assumes only integer values, hence the function has a discrete domain, meaning that the graph is composed by dots.

However, the first graph is correct, as the third graph has a range of input and output values that is not present on the table, while the range in the first graph is according to the table.

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Step-by-step explanation:

I need to know who to do these two problems

Answers

The value of the trigonometric function is -

sin(θ) = 21 / 29,

cos(θ) = 20/29,

csc(θ) = 29/21,

sec(θ) = 29/20,

cot(θ) = 20/21.

Given that,What is the trigonometric function?

In a nutshell, trigonometric functions, also referred to as circular functions, are the functions of a triangle's angle. This suggests that these trig functions provide the relationship between a triangle's angles and sides. Sine, cosine, tangent, cotangent, secant, and cosecant are the fundamental trigonometric functions.

Given that,

tan (θ) = - 21 / 20

We can infer from the value that the triangle's two legs are 21 and 20, respectively.

Using the Pythagorean theorem, we can:

[tex]a^{2} + b^{2} = c^{2}[/tex]

[tex](21)^{2} + (20)^{2} = c^{2}[/tex]

441 + 400 =[tex]c^{2}[/tex]

c = 29

The value of :

sin(θ) = 21 / 29

cos(θ) = 20/29

csc(θ) = 29/21

sec(θ) = 29/20

cot(θ) = 20/21

Hence, the value of the trigonometric function is

sin(θ) = 21 / 29,

cos(θ) = 20/29,

csc(θ) = 29/21,

sec(θ) = 29/20,

cot(θ) = 20/21.

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HELP DUE IN 20 MINNNNNN WILL GIVE CORRECT ANSWER BRAINLIEST

Answers

The simplified expression for this problem is given as follows:

9 - 13j/7.

How to simplify the expression?

The expression for this problem is defined as follows:

16 + (-4) - 5j/7 - 6j/7 + 7.

The plus sign means that the sign is maintained, hence:

16 + (-4) - 5j/7 - 6j/7 + 7 = 12 - 5j/7 - 6j/7 + 7.

Then we combine the like terms, as follows:

12 + 7 = 9.-5j/7 - 6j/7 = -13j/7.

Hence the simplified expression is given as follows:

9 - 13j/7.

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Priya and Han plan a fundraiser for the running club. They begin with a balance of -80 because of expenses. In the first hour of the fundraiser they collect equal donations from 9 parents, which brings their balance to -44 .

How much did each parent give?

Answers

Answer: 4

Step-by-step explanation:

(-88) - (-44) = -36

remove the (-) = 36

36 ÷ 9 = 4

PLEASE HELP!!!

For the figure below, what is the total sum degrees of the interior angles? Use the correct formula and show all work!

Answers

Answer: 900

Step-by-step explanation:

The Interior Angle formula is (n-2)x180. So you take 7 minus 2 times 180 and that gives you 900

Elena wants to create a scale drawing of her bedroom. Her bedroom is a rectangle with length 5 m and width 3 m. She decides on a scale of 1 to 50.

Draw and label the dimensions of a scale drawing of Elena’s bedroom, using
a scale of 1 to 50.

Answers

To create a scale illustration of her bedroom, Elena must draw a 10cm by 6cm rectangle.

How to draw a scale illustration of the bedroom?

To create a scale illustration of her bedroom she must take into account the scale she will be using. In this case it would be 1:50, that is, each original unit must be divided into 50 parts. Therefore, we must divide the lengths into 50 as shown below. Additionally we must take the values in cm.

500cm / 50 = 10cm300cm / 50 = 6cm

According to the above, a scale model would be 10cm by 6cm.

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Solve the following system of equations graphically on the set of axes below.
y= \frac{1}{6}x+7
y=
6
1

x+7
y= -2x-6
y=−2x−6
Plot two lines by clicking the graph.
Click a line to delete it.

Answers

The system of equations graphically on the set of axes is given below.

What is an equation?

An equation is a mathematical statement that is made up of two expressions connected by an equal sign.

Example:

2x + 4 = 8 is an equation.

We have,

y = (1/6)x + 7

y = -2x - 6

The graph of each equation is given below.

The point of intersection is (-6, 6).

i.e,

(1/6)x + 7 = -2x - 6

(1/6)x + 2x = -6 - 7

13x/6 = -13

x/6 = -1

x = -6

So,

y = -2x - 6

y = -2 x -6 - 6

y = 12 - 6

y = 6

Thus,

The system of equations graphically is given above.

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What is

−5f + 6 > 10f − 10

Please answer!

Answers

The solution to the given inequality  [tex]-5f + 6 > 10f - 10[/tex] is [tex]f < 16/15[/tex].

What is inequality?

Inequality is defined as mathematical statements that have a minimum of two terms containing variables or numbers that are not equal.

The inequality is given in the question, as follows:

[tex]-5f + 6 > 10f - 10[/tex]

To solve the inequality [tex]-5f + 6 > 10f - 10[/tex], we need to isolate the variable [tex]f[/tex] on one side of the inequality.

We will first subtract 6 from both sides to isolate the [tex]-5f[/tex] term:

[tex]-5f + 6 - 6 > 10f - 10 - 6[/tex]

Simplifying the left side:

[tex]-5f > 10f - 16[/tex]

Next, we will subtract [tex]4f[/tex] from both sides to isolate the [tex]-5f[/tex] term on the left side:

[tex]-5f - 10f > 10f - 10f - 16\\-15f > -16[/tex]

Finally, we will divide both sides by -9,

[tex]-( 15 f )/9 > -16/15[/tex]

Dividing both sides by -15:

[tex]f < 16/15[/tex]

This is the required solution to the given inequality.

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Find the unit rate by using what you know about ratios. in wisconsin v. yoder (1973), the supreme court ruled that freedom of religious practice was more important than the right of the government to interfere in deciding in favor of: PLEASE FOR FULL 100 points ASAPVoluntourism: An Opportunity Too Good to be TrueA Speech to the Student Body of Evergreen High[1] Picture this: It's Spring Break, and you fly off to some country where there's lush rainforests and beautiful, blue coastlines to explore. There's also people in need, so you decide to blend your vacation with volunteering. Volunteering as a tourist, or voluntourism, seems like a great way to explore new regions and help people at the same time. However, this "volunteer plus travel" experience can actually harm local communities. 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Studies show that volunteering and forming lasting relationships with those you help has a positive impact on your physical and emotional health. In fact, blood pressure is reduced, memory is improved, and rates of depression are reduced (Michaels).[5] There is another reason to look into alternatives to voluntourism. Did you know the average "voluntour" travel package costs $3,400 (Rolfe)? Could that travel money be better spent? If the world's citizens are your passion, it could go to an international organization. If you care about education, your funds can be used to buy books for students in faraway lands. If you want villagers to have clean water, contribute funds to local efforts to dig wells. If you want to experience a different culture, travel to the country as a guest, and learn from the locals how you can best help them after you've returned home. But do not voluntour.[6] In reality, there are better ways to make a difference. 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Be sure to state each text's purpose and include evidence from both texts to support your analysis. "We, the great mass of the people think only of the love we have to our land for...we do love the land where we were brought up. We will never let our hold to this land go...to let it go it will be like throwing away... [Our] mother that gave... [Us] birth." (Letter from Aitooweyah, to John Ross, principal chief of the Cherokees.)3. What does Aitooweyah compare to giving up their land? which structural feature most liekly accounts for the signals aroudn 7 ppm in the given 1h nmr spectrum the south celestial pole and the north celestial pole lie in the sky directly along? Determine whether each ordered pair is a solution or not a solution to this system of inequalities.y< x 2x+y>2 When are the kinetic and gravitational potential energy levels the same? Brendan frequently comes home from soccer practice with muddy socks. Previous pretreatment techniques (such as presoaking in bleach) have not worked to remove the stains. Brendan had heard about a new product that was advertised to completely remove mud stains by pretreating with the product for 24 hours. Brendan was tired of wearing stained socks and hypothesized that the new product would get the mud stains out of his soccer socks. Which statement below describes the best experimental design to test the new product\'s effectiveness?1. Test old socks stained previously by pretreating one sock for 24 hours while leaving the other sock untreated.2. Test new socks worn to soccer by pretreating one sock for 2 hours while leaving the other sock untreated.3. Test new socks worn once to soccer by pretreating one sock for 24 hours while leaving the other sock untreated.4. Test new socks soiled with grape juice by pretreating one sock for 24 hours while leaving the other sock untreated.Which of the following represents the control for Brendan\'s experiment?1. pretreated old sock2. untreated old sock3. untreated new sock4. pretreated new sock (5.03)What was the result of the 1857 Dred Scott v. Sandford case in the Supreme Court? A. Dred Scott returned to slavery.B. Slavery was outlawed in Washington DC.C. Sandford was granted citizenship D. Georgia became a free state. Solve for x. 12x+13>35 Drag and drop a number or symbol into each box to correctly complete the solution. Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse. x Response area RISE AIRLINES- WE RISE TOGETHER!With the recent crisis in the country's airline industry failing to meet customer needs anddemand, Rise Airlines is re-evaluating its overbooking policy for its most common routes ontheir small aircraft. They have hired your team to perform a study of the cost of overbookingvs flying with empty seats using several types of demand distributions. They have providedyour team with some information about their last 60 days of flites and cancellations as well astheir estimates on demand. On average, a ticket sells for $200 and there are 50 seats on eachaircraft. The fixed cost for running their operations is $100,000 per DAY and their variablecost of operations is $2,000 per flite, per day. Rise airlines has the current capacity to fly amean of 15 flites a day with a standard deviation of 12. The minimum amount of flites they canfly per day and still maintain their gate space is 13 and the maximum they can fly before theyrun out of functional aircraft is 25. Management is requesting a study of their distributions,the breakeven point, SL and SO. Management would also like recommendations on whichdistribution should be used and what other factors they should consider. In order to preparethis analysis, you and your team have gathered information and will answer the followingquestions using excel, graphs, and the case study shell:A. What is the expression for total cost per month? Assume 30 days in the monthB. What is the expression for total revenue per month? Assume 30 days in a monthC. How many flites need to fly on a daily basis for Rise to breakeven?D. What percentage of Rise's total flite capability must be in the air that day?Hint- set these calculations up in excel to help make any graphics casier. if you run a program in new york city that uses network resources to the extent that a user is denied access to them, what type of law have you violated? What two people groups were most negatively affected by the Columbian Exchange? which question would be of the greatest interest to a researcher in the area of cognitive neuroscience? if the government subsidizes the production of a good: a. total surplus is higher than it would have been without the subsidy b. consumer surplus and producer surplus both fall c. deadweight loss results because not enough of the good is exchanged d. deadweight loss results because too much of the good is exchanged