Answer:
8.66 years
Step-by-step explanation:
Given that:
Interest rate = 8%
Using the exponential growth function:
A = Ao * e^(rt)
Where A = final amount
Ao = Initial amount
r = growth rate
t = time
Here we are to calculate the time it takes an investment earning 8% interest to double;
rate (r) = 8% = 0.08
2A = A * e^(rt)
Divide both sides by A
2 = e^(rt)
2 = e^(0.08 * t)
2 = e^(0.08t)
In(2) = 0.08t
0.6931471 = 0.08t
Divide both sides by 0.08
0.6931471 / 0.08 = 0.08t / 0.08
8.6643397 = t
t = 8.66 years
Answer:
symbolically, the answer would be t= ln(2)/(.08)
Step-by-step explanation:
start by writing out your variables:
rate= .08
*dont forget the investment doubles too, thats where 2P is in the bottom equation
equation should look like:
[tex]2P=Pe^{.08t}[/tex]
then you solve, so divide P on the right and left:
[tex]\frac{2p}{p} = \frac{Pe^{.08t}}{p}[/tex]
now it looks like: [tex]2=e^{.08t}[/tex]
you can take the natural log (ln) of 2 to get the exponent by itself .08t
ln(2)=.08t
then divide .08 to get t by itself
[tex]\frac{ln(2)}{.08} =\frac{.08t}{.08}[/tex]
so symbolically, your equation should be:
[tex]t=\frac{ln(2)}{.08}[/tex]
to get t as your answer you can plug this equation into your calculator to get:
t=8.66 years so approximently 8 years
A random sample of size 100 is taken from a population described by the proportion p = 0.60. The probability that the sample proportion is less than 0.55 is ________.
Answer:hope it helps
Step-by-step explanation:
Result:
0.6
Enlarge
Customize
Plain Text
Number line:
Number line
Rational form:
3/5
3
BO
Evaluate the function f(x) = x2 + 4x + 1 at the given values of the independent variable and simplify.
a. f(6)
b. f(x +9)
c. f(-x)
Answer:
a) f(6)=(6)^2+4(6)+1=65
b)f (x+9)=(x+9)^2+4 (x+9)+1=(x^2+18x+81)+(4x+36)+1=x^2+22x+117
f (-x)=(-x)^2-4x+1
Fifteen chaperones went on a field trip with 225 students. Which fraction represents the number of chaperones to students on the field trip
Answer:
15/225
Step-by-step explanation:
The number of chaperones for the group of students can be represented with a ratio - 15:225 or 15/225.
Because there are 15 chaperones for the 225 students, you can state what the ratio does - for every 225 students, there are 15 chaperones.
However, 15/225 can be reduced to 1/15, so for every 15 students, there is 1 chaperone.
Musah stands at the centre of a rectangular field. He first takes 50 steps north, then 25 steps
west and finally 50 steps on a bearing of 3150
.
i. Sketch Musah’s movement
Answer:
Step-by-step explanation:
Following the cardinal points as regards location of points, the sketch of Musah's movement can be as what is attached to this answer.
Please answer this correctly without making mistakes
Answer:
1/2 mi
Step-by-step explanation:
Fairfax to Greenwood is equal to one mile
Now think of it as an equation and substitute 1/2 for fairfax and x for greenwood
1/2 + x = 1
This means that x = 1/2
Because of this from Arcadia to Greenwood it is 1/2 mi
On a map’s coordinate grid, Panthersville is located at (−3, 2), and Heel City is located at (4, 8). Falconton is the midpoint between Panthersville and Heel City. What is the approximate distance from Panthersville to Falconton? (Each unit on the grid represents 1 mile.) A. 3.25 miles B. 4.61 miles C. 5.00 miles D. 9.22 miles
Answer:
B. 4.61 miles
Step-by-step explanation:
midpoint is (-3+4)/2, (2+8)/2 = (1/2, 5)
distance = √(-3-1/2)² + (2 - 5)² = 4.609772299
The quotient of 3 and the cube
of y+2
Answer:
[tex]\dfrac{3}{(y+2)^3}[/tex]
Step-by-step explanation:
Maybe you want this written using math symbols. It will be ...
[tex]\boxed{\dfrac{3}{(y+2)^3}}[/tex]
Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given question. Listed below are the weights in pounds of 1111 players randomly selected from the roster of a championship sports team. Are the results likely to be representative of all players in that sport's league?
278 303 186 292 276 205 208 236 278 198 208
a. Find the mean.
The mean is ? pound(s).
(Type an integer or a decimal rounded to one decimal place asneeded.)
b. Find the median.
The median is ? pound(s).
(Type an integer or a decimal rounded to one decimal place asneeded.)
c. Find the mode.
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. The mode(s) is(are) ? pound(s).
(Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.)
B. There is no mode.
d. Find the midrange.
The midrange is ? pound(s).
(Type an integer or a decimal rounded to one decimal place asneeded.)
e. Are the results likely to be representative of all players in that sport's league?
A. The results are not likely to be representative because the median is not equal to the mode.
B. The results are likely to be representative because a championship team is most likely representative of the entire league.
C. The results are not likely to be representative because the median is not equal to the mean.
D. The results are not likely to be representative because the championship team may not be representative of the entire league.
Answer:
Mean= 242.5 pounds
Median= 236 pounds
Mode= 208 and 278 pounds
Range=117 pounds
Mid-range= 58.5 pounds
B. The results are likely to be representative because a championship team is most likely representative of the entire league.
Step-by-step explanation:
278 303 186 292 276 205 208 236 278 198 208
Arranged in ascending order is
186 198 205 208 208 236 276 278 278 292 303
Mean = (186 +198+ 205+ 208 +208 +236 + 276+ 278 +278+ 292 +303)/11
Mean =2668/11
Mean= 242.5 pounds
Median = the middle number
Median= 236 pounds
Mode = highest occuring number(s)
Mode= 208 and 278 pounds
Range= highest number- smallest number
Range=303-186
Range=117 pounds
Mid-range= range/2
Mid-range= 117/2
Mid-range= 58.5 pounds
Marcelina uses a blend of white corn and yellow corn to make tortilla chips at her restaurant. She needs to buy 50kg of corn in total for her next order. White corn costs $0.30 per kilogram, yellow corn costs $0.15 per kilogram, and she wants to spend $12.00 in total. Here's a graph that shows a system of equations for this scenario where x is the amount of white corn she buys and y is the amount of yellow corn she buys.
Answer:
https://brainly.com/question/17155330
Step-by-step explanation:
Question:
Marcelina uses a blend of white corn and yellow corn to make tortilla chips at her restaurant. She needs to buy 50kg of corn in total for her next order. White corn costs $0.30 per kilogram, yellow corn costs $0.15 per kilogram, and she wants to spend $12 total.
What does point F represent in this context?
Answer:
Marcelina spends less that the intended amount of money and buy less than enough corn
Let f(x)=x+8 and g(x)= x2-6x-7 find f(g2)
Answer:
-7.
Step-by-step explanation:
g(x) = x^2 - 6x - 7
g(2) = 2^2 - 6(2) - 7
= 4 - 12 - 7
= -8 - 7
= -15
f(x) = x + 8
f(-15) = (-15) + 8
= 8 - 15
= -7
Hope this helps!
Determine the length of chord BC. 1) 17.45 2) 30.96 3) 67.06 4) 33.53
Answer:
33.53
Step-by-step explanation:
OB is a radius of the circle, and OC is also a radius of the circle, so both are equal length. That makes ΔOBC an isosceles triangle.
If we cut ΔOBC in half, the angle formed is 125° / 2 = 62.5°.
Therefore:
sin 62.5 = (x/2) / 18.9
x = 37.8 sin 62.5
x ≈ 33.53
Answer:
33.5
Step-by-step explanation:
Question (1)
(i) Explain Pythagorean theorem in detail.
(ii) What is "Hippacus of Croton"?
Answer:
● The pythagorian theorem
The pythagorian theorem is used to find a missing side of a right triangle.
It states that the square of the hypotenus of a right triangle is equal to the sum of the squares of the two other sides.
Let a be the hypotenus, b and c are the othet sides:
☆☆☆☆☆ a^2 = b^2 + c^2☆☆☆☆☆
There are more than 350 way to prove this theorem.
■■■■■■■■■■■■■■■■■■■■■■■■■■
● Hippasus of Croton was a member of the highly-secretive school og Pythagoras in Croton. He is credited in history as the first person to prove the existence of irrational numbers.
Which of the following is an arithmetic sequence? A.-2, 4, -6, 8, ... B.2, 4, 8, 16, ... C.-8, -6, -4, -2, ...
Answer:
C. -8, -6, -4, -2, ...
Step-by-step explanation:
An arithmetic sequence increases by the same amount every time through addition or subtraction. There is a common difference.
A: -2, 4, -6, 8, ... If there were a common difference, the numbers would not switch between being positive and back to negative. The numbers would either keep going positive or keep going negative.
B: 2, 4, 8, 16, ... The common difference between 16 and 8 is 16 - 8 = 8. The difference between 8 and 4 is 8 - 4 = 4. Since the difference changes between the numbers, this is not an arithmetic sequence.
C. -8, -6, -4, -2, ... The common difference between -2 and -4 is -2 - (-4) = -2 + 4 = 2. The difference between -4 and -6 is -4 - (-6) = -4 + 6 = 2. The difference between -6 and -8 is -6 - (-8) = -6 + 8 = 2. Since the common difference is always two, this is an arithmetic sequence.
Hope this helps!
Evaluate fx, fy, fz at the given point a) f (x, y z) = x³yz² at the point (1, 2, 3) b) f (x, y, z) = x² - 2xy + 3yxz² at the point (3, 1, -2)
Answer:
a) (fx, fy, fz) = (54, 9, 12)b) (fx, fy, fz) = (16, 30, 9)Step-by-step explanation:
a) The partial derivatives of f(x, y, z) = x³yz² are ...
fx = 3x²yz²fy = x³z²fz = 2x³yzAt the given point, these are ...
fx(1, 2, 3) = 3(1²)(2)(3²) = 54fy(1, 2, 3) = (1³)(3²) = 9fz(1, 2, 3) = 2(1³)(2)(3) = 12__
b) The partial derivatives of f(x, y, z) = x² -2xy +3xyz² are ...
fx = 2x -2y +3yz²fy = -2x +3xz²fz = 3xyAt the given point, these are ...
fx(3, 1, -2) = 2(3) -2(1) +3(1)(-2)² = 16fy(3, 1, -2) = -2(3) +3(3)(-2)² = 30fz(3, 1, -2) = 3(3)(1) = 9PLEASE HELP- MATH
simplify the fraction
5bc/10b^2
[tex]\dfrac{5bc}{10b^2}=\dfrac{\not 5\cdot \not b\cdot c}{2\cdot \not 5\cdot \not b\cdot b}=\dfrac{c}{2b}[/tex]
Answer:
c / ( 2b)
Step-by-step explanation:
5bc/10b^2
Lets look at the numbers first
5/10 = 1/2
Then the variable b
b / b^2 = 1/b
Then the variable c
c/1 = c
Putting them back together
1/2 * 1/b * c/1
c/ 2b
the product of two consecutive positive integer is 306
Answer:
[tex]\Large \boxed{\sf 17 \ and \ 18}[/tex]
Step-by-step explanation:
The product means multiplication.
There are two positive consecutive integers.
Let the first positive consecutive integer be x.
Let the second positive consecutive integer be x+1.
[tex](x) \times (x+1) =306[/tex]
Solve for x.
Expand brackets.
[tex]x^2 +x =306[/tex]
Subtract 306 from both sides.
[tex]x^2 +x -306=306-306[/tex]
[tex]x^2 +x -306=0[/tex]
Factor left side of the equation.
[tex](x-17)(x+18)=0[/tex]
Set factors equal to 0.
[tex]x-17=0[/tex]
[tex]x=17[/tex]
[tex]x+18=0[/tex]
[tex]x=-18[/tex]
The value of x cannot be negative.
Substitute x=17 for the second consecutive positive integer.
[tex](17)+1[/tex]
[tex]18[/tex]
The two integers are 17 and 18.
The product of two consecutive positive integers is 306.
We need to find the integers
solution : Let two consecutive numbers are x and (x + 1)
A/C to question,
product of x and (x + 1) = 306
⇒x(x + 1) = 306
⇒x² + x - 306 = 0
⇒ x² + 18x - 17x - 306 = 0
⇒x(x + 18) - 17(x + 18) = 0
⇒(x + 18)(x - 17) = 0⇒ x = 17 and -18
so x = 17 and (x +1) = 18
Therefore the numbers are 17 and 18.
Hope it helped u if yes mark me BRAINLIEST
TYSM!
The average score of all golfers for a particular course has a mean of 70and a standard deviation of 5.Suppose 100golfers played the course today. Find the probability that the average score of the 100golfers exceeded 71.Round to four decimal places.
Answer:
0.9773
Step-by-step explanation:
Here, we start by calculating the z-scores statistic
Mathematically;
z-score = (x-mean)/SD/√n
From the question, we have;
x = 71, mean = 70, SD = 5 and n = 100
Plugging these values in the equation above, we have;
z-score = (71-70)/5/√100 = 1/5/10 = 1/0.5 = 2
So the probability we want to calculate is that;
P(z > 2)
This is obtainable from the standard normal distribution table
P(z > 2) = 0.97725 which is 0.9773 to 4 decimal places
bon
Question 21
O pts
The recipe for a s'more is as follows:
1 graham cracker
chocolate bar
2 marshmallows
If you have 10 graham crackers, 7 marshmallows, and 5 chocolate bars, how many
complete s'mores can you make using this recipe?
Question 22
O pts
Answer:
3 s'mores
Step-by-step explanation:
If we center our attention on how many marshmallows you need per s'more which is 2 and you only have 7 you can only make 3 with one marshmallow remaining.
One of two small restaurants is chosen at random with equally likely probability, and then an employee is chosen at random from the chosen restaurant. Restaurant #1 has 10 full-timers and 6 part-timers. Restaurant #2 has 7 full-timers and 9 part-timers. What is the probability that Restaurant #1 was chosen at random, given that a full-time employee was chosen? Your answers should be rounded to 4 digits after the decimal.
Answer:
P(1 |F) = 10/17
Step-by-step explanation:
Let events
1 = restaurant 1
2 = restaurant 2
F = full-time worker chosen
P = part-time worken chosen
P(1 and F) = 1/2 * 10/16 = 5/16
P(2 and F) = 1/2 * 7/16 = 7/32
P( (1 or 2) and F ) = P(F) = 5/16+7/32 = 17/32
P(1 | F) Probability of choosing restaurant 1 given a full-time was chosen
= P(1 and F) / P(F)
= 5/16 / (17/32)
= 5/16 * 32/17
= 10 / 17
Which equation is equivalent to StartRoot x EndRoot + 11 = 15?
Answer:
D [tex]\sqrt{x} +11=15[/tex]
Step-by-step explanation:
Edge 2020
For the given expression √x + 11 = 15 the value of x will be equal to 16.
The mathematical expression combines numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.
Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also denote the logical syntax's operation order and other properties.
Given that the expression √x + 11 =15. The expression will be solved as below,
√x + 11 =15
√x = 15 - 11
√x = 4
Squaring on both sides of the equation,
x = 4²
x = 16
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A regression was run to determine if there is a relationship between hours of TV watched per day (x) and number of situps a person can do (y). The results of the regression were:
1. y=a+bx
2. b=-0.669
3. a=27.41
4. r2=0.760384
5. r=-0.872
Use this to predict the number of situps a person who watches 3.5 hours of TV can do. Round to one decimal place.
Answer: The correct answer is 19 sit ups.
Step-by-step explanation: Given that the regression equation to find a a relationship between hours of TV watched per day (x) and number of situps a person can do (y) was done.
The result was
y = ax+b
Correlation coefficient = 0.865
To predict the number of situps a person who watches 3 hours of TV
y = -1.23(3)+22.738
= 19.048
Approximately 19 situps.
Given the following hypotheses: H0: μ = 490 H1: μ ≠ 490 A random sample of 15 observations is selected from a normal population. The sample mean was 495 and the sample standard deviation 9. Using the 0.01 significance level:
a.) State the decision rule.
b.) Compute the value of the test statistic.
c.) What is your decision regarding the null hypothesis?
Answer:
We conclude that the population mean is equal to 490.
Step-by-step explanation:
We are given that a random sample of 15 observations is selected from a normal population. The sample mean was 495 and the sample standard deviation 9.
Let [tex]\mu[/tex] = population mean.
So, Null Hypothesis, [tex]H_0[/tex] : [tex]\mu[/tex] = 490 {means that the population mean is equal to 490}
Alternate Hypothesis, [tex]H_A[/tex] : [tex]\mu\neq[/tex] 490 {means that the population mean is different from 490}
The test statistics that will be used here is One-sample t-test statistics because we don't know about population standard deviation;
T.S. = [tex]\frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }[/tex] ~ [tex]t_1_4[/tex]
where, [tex]\bar X[/tex] = sample mean = 495
s = sample standard deviation = 9
n = sample of observations = 15
So, the test statistics = [tex]\frac{495-490}{\frac{9}{\sqrt{15} } }[/tex] ~ [tex]t_1_4[/tex]
= 2.152
The value of t-test statistics is 2.152.
Now, at a 0.01 level of significance, the t table gives a critical value of -2.977 and 2.977 at 14 degrees of freedom for the two-tailed test.
Since the value of our test statistics lies within the range of critical values of t, so we have insufficient evidence to reject our null hypothesis as the test statistics will not fall in the rejection region.
Therefore, we conclude that the population mean is equal to 490.
Which sequence has a common ratio of 2? a{20, 40, 80, 160, 320, 640, …} b{20, 10, 5, 2.5, 1.25, 0.625, …} c{20, 15, 10, 5, 0, -5, …} d{20, 4, 0.80, 0.16, 0.032, 0.0064, …}
Answer:
A
Step-by-step explanation:
40/20=2
80/40=2
Therefore the common ration is 2
The correct sequence which has a common ratio of 2 is,
⇒ {20, 40, 80, 160, 320, 640, …}
What is Geometric sequence?An sequence has the ratio of every two successive terms is a constant, is called a Geometric sequence.
Given that;
The common ratio of sequence is,
⇒ 2
Now, By option 1;
The sequence is,
⇒ {20, 40, 80, 160, 320, 640, …}
Hence, Common ratio = 40 / 20
= 2
And, 80 / 40 = 2
Thus, The correct sequence which has a common ratio of 2 is,
⇒ {20, 40, 80, 160, 320, 640, …}
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An expression is ???
Answer:
s-6
Step-by-step explanation:
difference means subtract
s-6
Jean Paul is an interior designer who is working with a difficult client. Part of his design requires that he put 11 colored vases in a row on a shelf. He has 3 identical blue vases, 2 identical green vases, 4 identical red vases, a purple vase and a yellow vase. He has put up 4 different arrangements of the vases that his client complained about. As he begins to put up the fifth arrangement, he wonders how many different arrangements he might have to go through before his client complains about all of them. How many different arrangements could Jean Paul make
Answer:
138600 arrangements
Step-by-step explanation:
Let n = 11
The different arrangements Jean Paul can make = n!/(4!)(3!)(2!)
Hence, 11!/(4!)(3!)(2!) = 1663200/12 = 138600
Question 1 (Multiple Choice Worth 4 points)
(08.01) Looking at the spread of your data best fits which step of the statistical process?
Answer:
The answer is "Analysis the information by chart and number processes".
Step-by-step explanation:
They already have articulated a query and also gathered information unless you are searching only at the distribution of your results. Those who are ready to analyze your results for all are there.
What is the intersection of the lines given by 2y=-x+3 and -y=5x+1? Enter the answer as an ordered pair.
Answer:
(-5/9, 16/9)
Step-by-step explanation:
2y = -x + 3
-y = 5x + 1
To find the intersection, you need to substitute the y-value from the second equation into the first equation. Rearrange the second equation so that it is equal to y.
-y = 5x + 1
-1(-y) = -1(5x + 1)
y = -5x - 1
Substitute this equation into the y-value of the first equation.
2y = -x + 3
2(-5x - 1) = -x + 3
-10x - 2 = -x + 3
(-10x - 2) + 2 = (-x + 3) + 2
-10x = -x + 5
(-10x) + x = (-x + 5) + x
-9x = 5
(-9x)/(-9) = (5)/(-9)
x = -5/9
Plug this x value into one of the equations and solve for y.
2y = -x + 3
2y = -(-5/9) + 3
2y = 5/9 + 3
2y = 32/9
(2y)/2 = (32/9)/2
y = 32/18 = 16/9
The ordered pair is (-5/9, 16/9).
A blue die and a red die are thrown. B is the event that the blue comes up with a 6. E is the event that both dice come up even. Write the sizes of the sets |E ∩ B| and |B|a. |E ∩ B| = ___b. |B| = ____
Answer:
Size of |E n B| = 2
Size of |B| = 1
Step-by-step explanation:
I'll assume both die are 6 sides
Given
Blue die and Red Die
Required
Sizes of sets
- [tex]|E\ n\ B|[/tex]
- [tex]|B|[/tex]
The question stated the following;
B = Event that blue die comes up with 6
E = Event that both dice come even
So first; we'll list out the sample space of both events
[tex]B = \{6\}[/tex]
[tex]E = \{2,4,6\}[/tex]
Calculating the size of |E n B|
[tex]|E n B| = \{2,4,6\}\ n\ \{6\}[/tex]
[tex]|E n B| = \{2,4,6\}[/tex]
The size = 3 because it contains 3 possible outcomes
Calculating the size of |B|
[tex]B = \{6\}[/tex]
The size = 1 because it contains 1 possible outcome
For what values of y: Is the value of the fraction 5−2y 12 always greater than the value of 1−6y?
Answer:
[tex](5 - 2y) \div 12 > 1 - 6y[/tex]
[tex]5 - 2y > 12 - 72y[/tex]
[tex] - 7 > - 70y[/tex]
[tex]7 < 70y[/tex]
[tex]y > 1 \div 10 = 0.1[/tex]
The amount of money spent on textbooks per year for students is approximately normal.
a. To estimate the population mean, 19 students are randomly selected the sample mean was $390 and the standard deviation was $120. Find a 95% confidence for the population meam.
b. If the confidence level in part a changed from 95% 1to1999%, would the margin of error for the confidence interval (mark one answer): decrease stay the same increase not enough information to answer
c. If the sample size in part a changed from 19 10 22. would the margin of errot for the confidence interval (mark one answer): decrease in stay the same increase in not enough information to answer
d. To estimate the proportion of students who purchase their textbookslused, 500 students were sampled. 210 of these students purchased used textbooks. Find a 99% confidence interval for the proportion of students who purchase used text books.
Answer:a
a
[tex]336.04 < \mu < 443.96[/tex]
b
The margin of error will increase
c
The margin of error will decreases
d
The 99% confidence interval is [tex]0.4107 < p < 0.4293[/tex]
Step-by-step explanation:
From the question we are told that
The sample size [tex]n = 19[/tex]
The sample mean is [tex]\= x = \$\ 390[/tex]
The standard deviation is [tex]\sigma = \$ \ 120[/tex]
Given that the confidence level is 95% then the level of significance is mathematically represented as
[tex]\alpha = 100 - 95[/tex]
[tex]\alpha = 5 \%[/tex]
[tex]\alpha = 0.05[/tex]
Next we obtain the critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table
So
[tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]
The margin of error is mathematically represented as
[tex]E = Z_{\frac{\alpha }{2} } * \frac{\sigma}{\sqrt{n} }[/tex]
=> [tex]E = 1.96 * \frac{120}{\sqrt{19} }[/tex]
=> [tex]E = 53.96[/tex]
The 95% confidence interval is
[tex]\= x - E < \mu < \= x + E[/tex]
=> [tex]390 - 53.96 < \mu < 390 - 53.96[/tex]
=> [tex]336.04 < \mu < 443.96[/tex]
When the confidence level increases the [tex]Z_{\frac{\alpha }{2} }[/tex] also increases which increases the margin of error hence the confidence level becomes wider
Generally the sample size mathematically varies with margin of error as follows
[tex]n \ \ \alpha \ \ \frac{1}{E^2 }[/tex]
So if the sample size increases the margin of error decrease
The sample proportion is mathematically represented as
[tex]\r p = \frac{210}{500}[/tex]
[tex]\r p = 0.42[/tex]
Given that the confidence level is 0.99 the level of significance is [tex]\alpha = 0.01[/tex]
The critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table is
[tex]Z_{\frac{\alpha }{2} } = 2.58[/tex]
Generally the margin of error is mathematically represented as
[tex]E = Z_{\frac{\alpha }{2} }* \sqrt{ \frac{\r p (1- \r p )}{n} }[/tex]
=> [tex]E = 0.42 * \sqrt{ \frac{0.42 (1- 0.42 )}{ 500} }[/tex]
=> [tex]E = 0.0093[/tex]
The 99% confidence interval is
[tex]\r p - E < p < \r p + E[/tex]
[tex]0.42 - 0.0093 < p < 0.42 + 0.0093[/tex]
[tex]0.4107 < p < 0.4293[/tex]
