The grade point average collected from a random sample of 150 students. Assume that the population standard deviation is 0.78. Find the margin of error if cequals0.98.

15%

Step-by-step explanation:

To calculate the margin of error, we can adopt this formula

Margin of error = critical value* (standard deviation/sqrt of sample size)

Where critical value is 2.33, sd is 0.78 and sample size is150.

Thus, we have:

Margin of error = 2.33*(0.78/√150)

Margin of error = 2.33*(0.78/12.2474)

Margin of error =2.33*0.06369

Margin of error = 0.1484 which is a 15% margin of error

answer: 204

step-by-step explanation:

we are told that the revenue is

x⋅(4080−10x)=−10x^2+4080x

this is a quadratic function, so to maximize it we should find the x-value of its vertex. recall that the x-value of the vertex of the parabola ax^2+bx+c is given by the formula −b/2a.

so in this case, we have a=−10 and b=4080, so the x-value of the vertex is

−b/2a= −(4080)/2(−10)=204