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Mathematics, 26.05.2021 17:30 Itssata
You buy a house for $250,000. Its value increases by 3% every year, How much is your house worth in 5 years?
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Mathematics, 22.06.2019 02:00, amberwilliams22
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Mathematics, 22.06.2019 03:40, NorbxrtThaG
Abottled water distributor wants to estimate the amount of water contained in 1-gallon bottles purchased from a nationally known water bottling company. the water bottling company’s specifications state that the standard deviation of the amount of water is equal to 0.02 gallon. a random sample of 50 bottles is selected, and the sample mean amount of water per 1-gallon bottle is 0.995 gallon a. construct a 99% confidence interval estimate for the popula-tion mean amount of water included in a 1-gallon bottle. b. on the basis of these results, do you think that the distributor has a right to complain to the water bottling company? why? c. must you assume that the population amount of water per bottle is normally distributed here? explain. d. construct a 95% confidence interval estimate. how does this change your answer to (b)?
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You buy a house for $250,000. Its value increases by 3% every year, How much is your house worth in...
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