An economist studying fuel costs wants to estimate the mean price of gasoline in her state on a certain day. On that day, she takes an SRS of 121212 gas stations and finds the sample mean price (in dollars per gallon) is \bar x=\$2.29 x ˉ =$2.29x, with, \bar, on top, equals, dollar sign, 2, point, 29 with a standard deviation of s_x=\$0.20s x ​ =$0.20s, start subscript, x, end subscript, equals, dollar sign, 0, point, 20. The prices in the sample are roughly symmetric with no distinct outliers. Based on this sample, which of the following is closest to a 90\%90%90, percent confidence interval for the mean price of gasoline that day in her state?

Answers

Answer 1

Answer:

($2.19,$2.39)

Step-by-step explanation:

khan

Answer 2

Based on this sample, the confidence interval which is closest to a 90%, for the mean price of gasoline that day in her state is ($2.19, $2.39).

What is random sample?

Random sample is the way to choose a number or sample in such a manner that each of the sample of the group has an equal probability to be chosen.

When the sample size is less than 30, the formula which is used is,

[tex]\overline x\pm t.\dfrac{s}{\sqrt n}[/tex]

Here, n is the sample size, [tex]\overline x[/tex] is the sample mean, s is the standard deviation.

Economist, takes an SRS of 12 gas stations. The sample size for the given problem is 12,

[tex]n=12[/tex]

Thus, degree of freedom,

[tex]df=12-1\\df=11[/tex]

In the t table, for df 11, the value of t is 1.796.

An economist studying fuel costs wants to estimate the mean price of gasoline in her state on a certain day.

On that day, she takes an SRS of 12 gas stations and finds the sample mean price (in dollars per gallon) is,

[tex]\bar x=2.29[/tex]

With a standard deviation of

[tex]s_x=0.20[/tex]

Put the values in the above formula,

[tex]2.29\pm 1.796.\dfrac{0.20}{\sqrt 12}\\2.29\pm 0.1037\\2.29+0.1037=2.3937\\2.29- 0.1037=2.1863[/tex]

Thus, based on this sample, the confidence interval which is closest to a 90%, for the mean price of gasoline that day in her state is ($2.19, $2.39).

Learn more about the random sample here;

https://brainly.com/question/17831271


Related Questions

CAN SOMEONE HELP THIS IS TIMED
1.) What is the formula for the nth term for the following sequence?
12, 9, 6, 3, …
2.)Find the common difference.
1.1, 1.2, 1.3, 1.4, …

Answers

Answer:

i belive

1) an=−3n+15

This is the formula of an arithmetic sequence.

an=a1+d(n−1)

2) b. 0.1

1.1+0.1= 1.2

1.2+0.1= 1.3

1.3+0.1= 1.4

Step-by-step explanation:

i think this is right, sorry, hope this helps!

Answer:

1). -3         2). plus 0.1

Step-by-step explanation:

ye

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4 x 11 = 44
13 x 6 = 78
78 - 44 = 34
The answer is 34 ft
It’s 34 ft.
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can someone help me with the working out please its due Tomorrow
No links please

1.) 9(p+q) + 3(p+q)


2.) 7p-q) + 4(p-q)


3.) 6(p+ q) - 4(p-q)


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6.) 9(7x + 4y) - 8(3x + 7y)

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1) 12p+12q 2) 11p-11q 3)2p-10q

If you get a student loan for $2,000 at 8% interest, what is the simple interest for one year?

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You would have a simple interest of 2 with a simp

NEED HELP/WILL MAKE BRAINLY
Jorge needs to paint the circular tops of five identical tables. Each table has a circumference of about 12.6 feet. He has a 1-pint can of paint, which will cover about 70 square feet of surface area.

Which statement is true for this situation?

Group of answer choices

He will have enough paint to put two coats of paint on all of the tables.

He will have enough paint to put one coat of paint on only four of the tables.

He will have enough paint to put one coat of paint on all of the tables.

He will have enough paint to put one coat of paint on only three of the tables.

Answers

Answer: He will have enough paint to put one coat of paint on all of the tables.

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A. Skewed Right
B. Uniform
C. Skewed Left
D. Normal

Answers

Skewed Right I think. I'm not sure but try it

Answer:

C. Skewed Left

Step-by-step explanation:

Because the first 2 age group have minimal runners than the next 3 age groups spikes and the last 4 are very low once again. the spike occurs relavity near the beggining so if graphed it would be skewed left.

a soda company puts a different symbol on a soda cap each year. ​

Answers

Answer:

cool

Step-by-step explanation:

The results of a survey asking 500 people about their favorite ice cream flavor are shown in the table.
Find the experimental probability of each outcome in the sample space. Enter your answers in the boxes.

Flavor Number of People
Chocolate 90
Vanilla 125
Strawberry 60
Mint Chip 50
Other 175
P(chocolate) =
%
P(vanilla) =
%
P(strawberry) =
%
P(mint chip) =
%
P(other) =
%

Answers

Chocolate = 18%

Vanilla = 25%

Strawberry = 12%

Mint Chip = 10%

Other = 35%

The explanation for me getting these exact percentages is because of the formulas given for calculating the percentages from specific numbers and real world problems like this. When you are trying to find the calculation precentages of these types of questions, you divide the number by the total surveyed and multiple by 100.

Example:

125 / 500 = 0.25

0.25 x 100 = 25%

So, this is also how I got the other numbers, just change the "125" to the other numbers.

The experimental probability of each outcome in the sample space are:

P(chocolate) = 18%, P(strawberry) = 12%, P(vanilla ) = 25%, P(mint chip) = 10% and P(other) = 35%

What is Probability?

Probability refers to potential. A random event's occurrence is the subject of this area of mathematics.

The range of the value is 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.

The degree to which something is likely to happen is basically what probability means.

Flavor               Number of people

chocolate                  90

strawberry                 60

vanilla                        125

mint chip                    50

other                          175

So, the Experimental probability are:

P(chocolate)= 90/ 500 x 100 = 18%

P(strawberry) = 60/ 500 x 100 = 12%

P(vanilla ) = 125/ 500 x 100 = 25%

P(mint chip) = 50/ 500 x 100 = 10%

P(other) = 175/ 500 x 100 = 35%

Learn more about Probability here:

brainly.com/question/30034780

#SPJ2

The product of two positive integers us 2005. F neither integer is 1, what is the sum of the two integers?

Answers

Answer:

406

Step-by-step explanation:

Given: product of two positive integers us 2005.

Let the two positive integers be a and b

Now prime factorization of 2005 = 401×5

where both 401 and 5 are prime number and non of them is 1.

So, and b will be 401 and 5 respectively.

Therefore, sum of the two integers a+b = 401+5 = 406

A number cube has 6 different faces, numbered 1 to 6. All faces have an equal probability of being rolled. What is the probability of rolling a 5?

If a person trys to say to pick a link to find the answer I will report you and email brainly!!​

Answers

Answer:

its a 1/6 chance

Step-by-step explanation:

each face has a 1/6 chance of being rolled since there are 6 faces

Which number line shows - 2/3 graphed?

Answers

Answer:

The third one

Steps:

hope this helps :b

What is the correct factorization of
6x2 + 24x?

Hurry

Answers

Answer:

6x^2*(x+4)

Step-by-step explanation:

hope this helps! :)

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Answers

Okay think the answer b

Find the area of the parallelogram.
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8 cm
[ ? ] square centimeters
Enter

Answers

Answer:

[tex]A = 120 \ cm^2[/tex]

Step-by-step explanation:

The formula to find the area of a parallelogram is the following,

[tex]A=(base)*(height)[/tex]

Substitute in the given values and solve,

[tex]A=(15)*(8)\\\\A = 120[/tex]

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Answers

Answer:I would just guess and put 55 because 20x+35 would be 55x

Step-by-step explanation:

Answer:

4x         75

Step-by-step explanation:

Now I have never seen a question like this but it would make sense if the GCF is 5, 4x and 7 since 5 x 4x = 20x and 5 x 7= 35.

So the blank x would be 4 x, the right side would be 7 and the bottom left would be 5.

Khloe is measuring yarn to make jewelry for her birthday party. She needs 4 feet of yarn for necklaces.How many inches of yarn does Khloe need?

Answers

Answer:

JUST MULTIPLY 4x12=.... and youll find the answer

Step-by-step explanation:

4yarn x 12 inches= 48ft

Solve for missing value

Answers

Your missing value would be 47
The missing value is 47 degrees

Explain in words how to use the formula c=πd

Answers

The formula c=pi*d can be used to find circumference

Find and interpret the mean absolute deviation of the data. Round your answer to the nearest tenth, if necessary. The mean absolute deviation is . Question 2 response - correct

Answers

Required data:

_______________

| 60 | 105 | 80 | 125 |

| 140 | 95 | 65 | 170 |

----------------------------

Answer:

Mean absolute deviation = 30

Variability of the data about the mean value is 30

Step-by-step explanation:

Mean = Σx / n

n = sample size = 8

Mean = (60 + 105 + 80 + 125 + 140 + 95 + 65 + 170) = 840 / 8 = 105

Mean absolute deviation = Σ|x - mean| ÷ n

( |60-105| + |105-105| + |80-105| + |125 - 105| + |140-105| + |95-105| + |65-105| + |170-105|) / 8

(45 + 0 + 25 + 20 + 35 + 10 + 40 + 65) / 8

240 / 8

= 30

The variability of data about the central point or mean value is 30.

Please him me with this

Answers

Answer:

x=3

Step-by-step explanation:

To do this we need to do

10-4=6

Then we do

6/2=3

x=3

A phone company charges a sign-up fee of $3.50, plus $x for every hour the phone is
used. If Brian talked on the phone for 12 hours and paid a total of $75.50, which of the
following equations can be used to find, x, the hourly rate of the phone plan?

Answers

Answer:

...........................

Tara has five 10p coins and four 20p coins in her purse. She takes out two
coins at random. What is the probability that she takes out at least 30p?

Answers

Answer:

4/9

Step-by-step explanation:

9 coins in total

Amount of combinations to get 30p is 4 ways

so 4/9

Which of the following is a prime number between 50 and 60?
A.
55
B.
53
C.
57
D.
51

Answers

Answer: B, 53

53 is the only prime number between 50 and 60

whats the slope using Rise/Run?
thanks, if you help

Answers

Answer:

the slope of the given line is m = rise / run = -1/2

Step-by-step explanation:

Going from (1, -1) to (3, -2), the 'rise' is actually a drop of 1 unit; the 'run' is +2.

Thus, the slope of the given line is m = rise / run = -1/2

Is my work correct here I'm supposed to find the first four terms using the recursion formula?

Answers

Answer:

yes your formula is correct

Step-by-step explanation:

Find the measure of angle 5, if m<2 is 120°

Answers

Answer:

m< 5 = 30°

Step-by-step explanation:

I hope that is useful for you :)

PLS HELP IVE BEEN ASKING FOR 4 HOURS NOT A SINGLE PERSON HAS BEEN RIGHT ITS PAST DUE :( JUST TROLLS I WILL GIVE BRAINLIEST JUST PLS HELP

Answers

Answer:

square on the side - 7

first square on top 3

last square 10

Step-by-step explanation:

how of find the area of a composite figure

Answers

Step-by-step explanation:

A composite figure is made up of simple geometric shapes. To find the area of a composite figure or other irregular-shaped figures, divide it into simple, nonoverlapping figures. Find the area of each simpler figure, and then add the areas together to find the total area of the composite figure. Formula = a(a=lw+bh)

3x - 2x + 1 = 8
How do I solve this

Answers

Answer:

x = 7

Step-by-step explanation:

3x - 2x + 1 = 8

x + 1 = 8

*subtract 1 from both sides

x = 7

Answer:

[tex]x=7[/tex]

Step-by-step explanation:

Combina los términos semejantes

[tex]3x-2x+1=8\\x+1=8[/tex]

Resta 1 de ambos lados de la ecuación

[tex]x+1-1=8-1\\[/tex]

Simplifica y resta los números

[tex]x=7[/tex]

Ty can jump rope at a rate of 6 jumps every 3 seconds. What is Ty's jump-roping rate in
jumos per minute? Explain your thinking.

Answers

Answer:

120 Jumps per Minute

Step-by-step explanation:

3 Seconds per jump

So we do 60 (seconds in a minute) / 3 (seconds)

We get 20, this is how many times we do the 6 jumps.

Then we simply do 6x20 to get 120 jumps per minute!

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