A random sample of 5 homes in Newberry, Florida had a mean of $169,900 and a standard deviation of $21,756. Construct a 95% confidence interval for the average home of this size in Newberry.
A. (144885.25, 194914.75).
B. (150440.842, 189359.16).
C. (150830, 188969.98).
D. (142886, 196914).

Answers

Answer 1

Answer:

D. (142886, 196914).

Step-by-step explanation:

To solve for this question, we would use t score instead of z score. The reason is because, our sample size is small.

The formula for Confidence Interval =

C.I = Mean ± t score × standard deviation/√n

n = 5 samples

Degrees of freedom = n - 1 = 5 - 1 = 4

The t score for a 95% confidence interval with degrees of freedom 5 is : 2.776

Hence,

Confidence Interval =

169,900 ± 2.776 × 21,756/√5

169,900 ± 2.776 × 9.7295789837

169, 900 ± 27009.311259

Confidence Interval

169,900 - 27009

= 142886

169, 900 + 27009.311259

= 196914

Hence, the confidence interval = (142886, 196914)

Option D is the correct answer

Answer 2

Using the t-distribution, it is found that the 95% confidence interval for the average price of a home of this size in Newberry is of (142886, 196914), given by option D.

In this problem, we have the standard deviation for the sample, thus, the t-distribution is used to solve this question.

The sample mean is [tex]\overline{x} = 169900[/tex].The sample standard deviation is [tex]s = 21756[/tex].The sample size is [tex]n = 5[/tex]

First, we find the number of degrees of freedom, which is the sample size subtracted by 1, so df = 5 - 1 = 4.

Then, we find the critical value for the 95% confidence interval with 4 df, which looking at the t-table or using a calculator is given by t = 2.7765.

The margin of error is:

[tex]M = t\frac{s}{\sqrt{n}}[/tex]

In this case:

[tex]M = 2.7765\frac{21756}{\sqrt{5}} = 27014[/tex]

The confidence interval is:

[tex]\overline{x} \pm M[/tex]

Then

[tex]\overline{x} - M = 169900 - 27014 = 142,886[/tex].

[tex]\overline{x} + M = 169900 + 27014 = 196,914[/tex].

Thus, the correct option is D. (142886, 196914).

A similar problem is given at https://brainly.com/question/15180581


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The RISE is the VERTICAL distance between the two points on the graph. ... The slope 'm' of a line passing through points (x₁, y₁) and (x₂, y₂) is the ratio of the difference in the 'y' coordinates to the corresponding difference in the 'x' coordinates.

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Moses is solving the problem below.

A box of spaghetti at the grocery store is purchased for $1.60 wholesale and is marked up by 60 percent. Then, the store marks down the item by 20 percent. A customer wants to buy three boxes of spaghetti. How much will the customer pay, including paying 8 percent sales tax? Round your answer to the nearest cent.

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Steps
Moses’s work
Step 1
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Step 2
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Step 3
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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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8<2x

Step-by-step explanation:

Answer:

8<2x

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Step-by-step explanation:

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Answers

I Believe B , If It’s Wrong I’m Sorry

The equation represents this situation will be dp = k. Thus, option B is correct.

What is directly proportional?

Let there are two variables p and q

Then, p and q are said to be directly proportional to each other if

p = kq

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The inversely proportional relationship is denoted by

[tex]m \propto \dfrac{1}{n} \\\\ \text{or} \\\\n \propto \dfrac{1}{m}[/tex]

As visible, increasing one variable will decrease the other variable if both are inversely proportional.

The number of days, d, it will take Manny to read a book varies inversely as the number of pages, p, he reads per day.

If k is the constant of variation.

The equation represents this situation will be

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(DO NOT GIVE ME AN WARNING FOR THIS IT IS PART OF MY SCHOOL PROJECT)

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Step-by-step explanation:

Answer:

47400000

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Answers

Answer:

it is C

Step-by-step explanation:

The point that represents the value of -(-2) is point C.

Option C is the correct answer.

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