Find the smallest sample size n that will guarantee at least a 90% chance of the sample mean income being within $500 of the population mean income.

Answers

Answer 1

Answer:

The smallest sample size n that will guarantee at least a 90% chance of the sample mean income being within $500 of the population mean income is 48.

Step-by-step explanation:

The complete question is:

The mean salary of people living in a certain city is $37,500 with a standard deviation of $2,103. A sample of n people will be selected at random from those living in the city. Find the smallest sample size n that will guarantee at least a 90% chance of the sample mean income being within $500 of the population mean income. Round your answer up to the next largest whole number.

Solution:

The (1 - α)% confidence interval for population mean is:

[tex]CI=\bar x\pm z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}[/tex]

The margin of error for this interval is:

[tex]MOE=z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}[/tex]

The critical value of z for 90% confidence level is:

z = 1.645

Compute the required sample size as follows:

[tex]MOE=z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}[/tex]

      [tex]n=[\frac{z_{\alpha/2}\cdot\sigma}{MOE}]^{2}\\\\=[\frac{1.645\times 2103}{500}]^{2}\\\\=47.8707620769\\\\\approx 48[/tex]

Thus, the smallest sample size n that will guarantee at least a 90% chance of the sample mean income being within $500 of the population mean income is 48.


Related Questions

Write an equivalent addition expression to : -10 – (-4)

Answers

Answer:

-6

Step-by-step explanation:

-10-(-4)=-1+4=-6

Hope this helps plz mark brainliest ;D

What is an equation of the line that passes through the point (-8,0) and is perpendicular to the line x+2y=14

Answers

Step-by-step explanation:

let eqn be y = mx + b.

Since perpendicular, m = - 1/(-0.5) = 2

sub (-8, 0):

0 = 2(8) + b

b = - 16

therefore equation is y = 2x - 16

Topic: coordinate geometry

If you like to venture further, feel free to check out my insta (learntionary). I'll be constantly posting math tips and notes! Thanks!

PLEASE HELPPP

The two lines represent the amount of water, overtime, in two tanks that are the same size.

Which container is feeling more quickly? explain how you know

Container _____ Is filling
more quickly because the line is _____ And has a higher _____

WORD BANK:
steeper
C.O.P
A
B

Answers

Answer:

Container A is filling more quickly because the line is steeper and has a higher C.O.P

Step-by-step explanation:

A box with a square base and an open top is to be constructed using 7500 sq. in. of cardboard. Find the dimensions of the box that will maximize its volume. What is the maximum volume

Answers

Answer:

Step-by-step explanation:

Let the length of one side of the square base be x

Let the height of the box by y

Volume of the box V = x²y

Since the box is opened at the top, the total surface area S = x² + 2xy + 2xy

S = x² + 4xy

Given

S = 7500sq in.

Substitute into the formula for calculating the total surface area

7500 = x² + 4xy

Make y the subject of the formula;

7500 - x² = 4xy

y = (7500-x²)/4x

Since V = x²y

V = x² (7500-x²)/4x

V = x(7500-x²)/4

V = 1/4(7500x-x³)

For us to maximize the volume, then dV/dx = 0

dV/dx = 1/4(7500-3x²)

1/4(7500-3x²) = 0

(7500-3x²) = 0

7500 = 3x²

x² = 7500/3

x² = 2500

x = √2500

x = 50in

Since y = (7500-x²)/4x

y = 7500-2500/4(50)

y = 5000/200

y = 25in

Hence the dimensions of the box that will maximize its volume is 50in by 50in by 25in.

The Volume of the box V = 50²*25

V = 2500*25

V= 62,500in³

Hence the maximum volume is 62,500in³

105 people must be split into 3 equal groups. How many people in each group?​

Answers

Answer:

35 people in each

Step-by-step explanation:

105÷3=35

a nursery sells kentucky bluegrass seed for $5.75 per pound and tall fescue seed for $4.50 per pound. the nursery sells a mixture of the two kinds of seed for $5.25 per pound. let k represent the amount of kentucky blue grass seed the nusery uses in in 5 pounds of the mixture

Answers

Answer:

[tex]k=3[/tex]

Step-by-step explanation:

Given that:

Per pound cost of kentucky bluegrass seed = $5.75

Per pound cost of tall fescue seed = $4.50

Per pound cost of mixture of seeds = $5.25

[tex]k[/tex] is the amount of kentucky blue grass.

Total amount of the mixture = 5 pounds

Therefore, amount of tall fescue seed = (5 - [tex]k[/tex]) pounds

To find:

The value of [tex]k[/tex].

Cost of [tex]k[/tex] pounds of kentucky bluegrass seed = [tex]\$5.75k[/tex]

Cost of (5 - [tex]k[/tex]) pounds of tall fescue seed = [tex]\$(5-k)4.50[/tex]

As per question statement:

[tex]5.75k+(5-k)4.50=5.25\times 5\\\Rightarrow 575k+5\times 450 -450k=525\times5\\\Rightarrow 125k=75\times5\\\Rightarrow k =3\ pounds[/tex]

Amount of kentucky blue grass seed used = 3 pounds

Amount of tall fescue seed used = 5-3 = 2 pounds

There is plot behind Best Buy and Academy

Answers

Answer:

What is the question???

Ummmmmmmmmmmmmmmmmmmmmmmm

What is 4x2 - x + 17 when x = -7?​

Answers

Answer:

32

Step-by-step explanation:

4 times 2 is 8, - -7 is 15 plus 17 is 32

The slope is the same as the unit rate and constant of a proportionality in a _______.
A. Prortional relationship
B. Slope
C. Rise
D. x2- x1
E. Run
F.y2 - y1

Answers

Answer:

I think the answer is B: Slope

Step-by-step explanation:

On a graph, proportional relationships are straight lines that extend through the origin. The relative steepness of the line is called slope; the slope of a graph is the same as the constant of proportionality of the equation.

Hope this helped, Have a Wonderful Day!!

The slope is the same as the unit rate and constant of proportionality in a slope. Then the correct option is B.

What is a linear equation?

A connection between a number of variables results in a linear model when a graph is displayed. The variable will have a degree of one.

The linear equation is given as,

y = mx + c

Where m is the slope of the line and c is the y-intercept of the line.

A ratio is a group of sequentially ordered numbers a and b expressed as a/b, where b is never equal to zero. When two objects are equal, a statement is said to be proportional.

The slope is the same as the unit rate and constant of proportionality in a slope. Then the correct option is B.

More about the linear equation link is given below.

https://brainly.com/question/11897796

#SPJ5

For triangle EFG shown below, what is the measure of the exterior angle at vertex G?
E
(1) 27°
(3) 74°
47°
(2) 47°
(4) 94°
27°
106°
G
F

Answers

Can u show the triangle ?

Tell Me what 37/5 x 19/14 equal

Answers

Answer:

10  3/70

Step-by-step explanation:

Answer: 10.06

Step-by-step explanation:

may someone please help me find the increasing and decreasing

Answers

Answer:

from [- infinity to (2, 0)] is when it is increasing. (both included).

from [(2, 0) to infinity ] is when it is decreasing. (both included).

By looking at the graph, we can determine this.

The slope of the increasing line is positive, and the slope of the decreasing line is negative.


Which values, in order, will complete the table

Answers

Answer:

A or -1/2, -rad2/2, -rad3/2

Step-by-step explanation:

Right on edge

Answer:

A

Step-by-step explanation:

correct on edge 202222222

Write 2^40 as an exponent with a base of: 2^2, 2^5, 2^8, 2^10

Answers

Answer:

2^40 =

1) (2^2)^20

2) (2^5)^8

3) (2^8)^5

4) (2^10)^4

Step-by-step explanation:

We know this simply because we multiply the exponent inside the parentheses by the exponenent outside the parentheses. Using this, we can simply find the numbers that have a product of 40.

a plane takes off from an airport and travels at a steady speed of 350 miles per hour. which of these graphs best represents the distance the plane is from the airport, y, after traveling for x hours?

Answers

Answer:

what do the graphs look like, it would have a slope of 350

Step-by-step explanation:

The scale factor of the blueprint of a theater stage to the actual theater stage is 1 in/6 ft . The area of the stage on the blueprint is 48in2. What is the area of the actual stage?

A) 1,728 ft2

B) 288 ft2

C)10,368 ft2

D) 864 ft2

Answers

Answer:option A 1,728 ft

Step-by-step explanation:

I took the test lol

The human resource department at a certain company wants to conduct a survey regarding worker benefits. The department has an alphabetical list of all employees at the company and wants to conduct a systematic sample of size.

Required:
a. What is k​?
b. Determine the individuals who will be administered the survey.

Answers

Answer:

Explained below.

Step-by-step explanation:

The human resource department at a certain company wants to conduct a survey regarding worker morale. The department has an alphabetical list of all 4,502 employees at the company and wants to conduct a systematic sample of size 50.

Systematic sampling is a kind of probability sampling method in which individuals from a larger population are nominated according to a random initial point and a static, periodic interval.

(a)

A sample of size 50.

Then the value of k will be: [tex]k=\frac{4502}{50}=90.04\approx 50[/tex]

Thus, the value of k is 90.

(b)

Label the employees from 1 to 4502.

And select every 90th employee.

So, the individuals who will be administered the survey are:

90th, 180th, 270th,...

please answer the full question
To demonstrate probabilities, a mathematics teacher had students draw cards from a bag which contained 26 red cards and 26 black cards. During class, the bag was dropped, and 5 red cards and 1 black card were lost.
Tell whether the loss of cards changes the probability of drawing a black card from the bag.
If so, was the probability increased or decreased? Support your answer by calculating the probability for each situation.

Answers

Answer:

The probability of drawing increases from drawing a black card from the bag.

Step-by-step explanation:

If 5 were dropped from red it would leave red with 21 cards and if 1 was dropped from black cards it would leave 25 cards in black cards. It does change the probability of drawing a red card it is more likely now to draw a black card than a red card because there are more black cards than red.

Hope this helps <3

Henry bought 3 pies which he plans to share with a group of his
friends. If there is exactly enough to give each member of the group
one-sixth of the pie, how many people are in the group?

Answers

Answer:

18 people including him

Step-by-step explanation:

what is 5+5 and then divided by 8

Answers

Answer: 1.25

Step by step:

= 10/8

= 1.25

4d + 3 - d + c

NOT MULTIPLE CHOICE!​

Answers

Answer:

c+3d+3

Step-by-step explanation:

Given the following system of equations, identify the type of system.
x + y = 6
2x - y = -4
A. Consistent
B. Inconsistent
C. Equivalent

Answers

Step-by-step explanation:

I think is b i hope this works

C is your answer to the question

You move down 6 units. You end at (-5, -5). Where did you start?

Answers

Answer:

(-5, 1)

Step-by-step explanation:

(x, y)

x moves left/right

y moves up/down

x = -5

y = -5 + 6 = 1

(-5, 1)

Please help

For a fundraiser at your school, the concession stand at home basketball games sells $4 hot dogs and $2 sodas. If they need to make $200 each game, how many of only hot dogs must they sell? How many of only sodas must they sell? (Hint: find the x and y intercepts of the equation).

Answers

Answer:

basically do 4x2 until you get 200, or divide, which is 25

Step-by-step explanation:

so 4x2 is 8

so 200 divided by 8, and with a quick google search that gives you 25

so now you know that you have to multiply 4x2, 25 times, to get 200, or $200

25

-OR-

200/(4x2)=m

i hope this helped!

How do you do these problems?

Answers

Answer:

18e⁶

⁵/₁₂₈

Step-by-step explanation:

Rₙ(x) = f⁽ⁿ⁺¹⁾(c) / (n+1)! (x − a)ⁿ⁺¹, and a < c < x.

f(x) = eˣ, a = 0, and n = 1.  Thus R₁ is:

R₁(x) = f"(z)/2! x²

R₁(x) = eᶻ/2 x²

|R₁| is a maximum when |f"(z)| is a maximum.  On the domain 0 < z < 6, that maximum is e⁶.  At x = 6, the upper bound of |R₁| is:

|R₁| = 18e⁶

This time, f(x) = 1 / √(1 + x) = (1 + x)^-½.  a = 0, and n = 2.

R₂(x) = f⁽³⁾(z)/3! x³

Find f⁽³⁾(x):

f'(x) = -½ (1 + x)^-³/₂

f"(x) = ¾ (1 + x)^-⁵/₂

f⁽³⁾(x) = -¹⁵/₈ (1 + x)^-⁷/₂

On the domain -½ < z < 0, |f⁽³⁾(z)| is a maximum at z = 0.

|f⁽³⁾(z)| = ¹⁵/₈

Therefore, at x = -½, the upper bound of R₂ is:

|R₂| = (¹⁵/₈)/6 |(-½)³|

|R₂| = ⁵/₁₂₈

In a direct variation, y= -1/6 when x=4/3. Write a direct variation equation that shows the relationship between x and y.

Please answer ASAP!

Answers

Answer: y = 3x

Step-by-step explanation: For example, if y varies directly as x, and y = 6 when x = 2, the constant of variation is k = = 3. Thus, the equation describing this direct variation is y = 3x.

Please answer the question in the picture

Answers

The answer is A and C

What is the value of the expression when x = 4 and y = 3?
3x² + 5y
A.27
B.38
C.63
D.159

Answers

Answer:

63

Step-by-step explanation:

3x^2+5y

Where X=4,Y=3

So

=3×4×4+5×3

=48+15

=63

So 63 is the answer

Answer:

C.63

Step-by-step explanation:

3x4²+5x3

4² = 16

3x16+5x3

Then

3x16 = 48

5x3 =15

48+15 equals 63

The answer is 63

Have a Good Day!!!!

What is the y-intercept?

Answers

The y intercept is 2,8

A typical tip in a restaurant is​ 15% of the total bill. If the bill is ​$90, what would the typical tip​ be

Answers

Answer:$13.50

Step-by-step explanation:

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