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Angelina_Jolie
8 days ago
7

Decrease £15890.23 by 16.5% Give your answer rounded to 2 DP.

Mathematics
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Answer:

9.9676 - 2.326*0.5904 =8.594

9.9676 + 2.326*0.5904 =11.341

Step-by-step explanation:

Notation

\bar X is the sample mean

\mu indicates the population mean (the variable of interest)

s signifies the sample standard deviation

n denotes the sample size

Solution to the problem

The mean's confidence interval is derived from the following formula:

\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}   (1)

In this instance, the 9% confidence interval corresponds to:

8.8104 \leq \mu \leq 11.1248

We can determine the mean using the following:

\bar X = \frac{8.8104 +11.1248}{2}= 9.9676

Additionally, the margin of error can be calculated as:

ME= \frac{11.1248- 8.8104}{2}= 1.1572

The margin of error for this situation is expressed as:

ME = t_{\alpha/2}\frac{s}{\sqrt{n}} = t_{\alpha/2} SE

Next, we find the standard error:

SE = \frac{ME}{t_{\alpha/2}}

The critical value for a 95% confidence interval using a normal standard distribution is roughly 1.96, and substituting gives us:

SE = \frac{1.1572}{1.96}= 0.5904

For the 98% confidence interval, the significance corresponds to \alpha=1-0.98= 0.02 and \alpha/2 = 0.01 with a critical value of 2.326, yielding a confidence interval of:

9.9676 - 2.326*0.5904 =8.594

9.9676 + 2.326*0.5904 =11.341

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2 months ago
Melissa has three different positive integers. She adds their reciprocals together and gets a sum of $1$. What is the product of
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Given the three integers are a,b,c, we arrive at

\dfrac1a+\dfrac1b+\dfrac1c=1

We can merge the fractions on the left side:

\dfrac{bc}{abc}+\dfrac{ac}{abc}+\dfrac{ab}{abc}=\dfrac{bc+ac+ab}{abc}=1

\implies abc=bc+ac+ab

4 0
1 month ago
Read 2 more answers
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