Answer:
(22.0297, 23.3703)
Step-by-step explanation:
Given that an economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California.
Let X be per capita income (in thousands of dollars) for a major city in California.
Mean = 22.7
n = 183
Population std dev = 6.3
Since population std dev is known we can use Z critical value.
Std error =
Z critical =1.44
Marginof error = ±1.44*0.4657=0.6706
Confidence interval 85%
=
We are given that Kristine spends $20 and saves the rest each time she get paid.
We can use slope-intercept form y=mx+b to represent the equation.
Where x represents the amount Kristine earns and y represents the amount she saves.
Kristine spends $20. Therefore b= -20.
Plugging mx as just x and b=-20.
<h3>y = x-20.</h3><h3>If we plug y=0, we get </h3><h3>0 = x-20</h3><h3>x=20.</h3><h3>We can see in 4th option we have x-intercept =20.</h3><h3>Therefore, correct option is 4th option. </h3><h3 />