An 95% confidence interval for the average salary of all CEOs in the electronics industry was constructed using the results of a random survey of 45 CEOs. The interval was ($139,134,$154,365). To make more useful inferences from the data, it is desired to reduce the width of the confidence interval. Which of the following will resulting a narrower confidence interval for sure? a. Increase the sample size and decrease the confidence level.
b. Decrease the sample size and increase the confidence level.
c. Increase the sample size and increase the confidence level.
d. Decrease the sample size and decrease the confidence level.

the slope of the first function is -3. (3/1)

the slope of the second function is 1. (13-10/6-3).

since |-3| is greater than |1|, the function with the steepest slope is the first.

answer:

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

explanation:

service only with 20% tip  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

in the opening of the question the word 'service' is associated only with the pretax value.

the closing part of the question asks: how much did she pay for the  

service

−−−−−−  

so technically the answer is  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

however, the intention of the question provider may have been that your answer is to be  

$

87.12

(

1

+

8

100

)

=

$

94.09

to 2 decimal places.

'

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

tony b

mar 21, 2017

answer:

trying to explain it another way

explanation:

service charge  

.

→

$

72.60

20% tip  

20

100

×

$

72.60

=

$

14.52

−−−−−−  

←

add

$

87.12

tax  

8

100

×

$

87.12

=

$

6.97

−−−−−  

←

add

$

94.09

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