Answer:
The 95% confidence interval estimate of the population mean rating for Miami is (6.0, 7.5).
Step-by-step explanation:
The (1 - <em>α</em>)% confidence interval for the population mean, when the population standard deviation is not provided is:
The sample selected is of size, <em>n</em> = 50.
The critical value of <em>t</em> for 95% confidence level and (<em>n</em> - 1) = 49 degrees of freedom is:
*Use a <em>t</em>-table.
Compute the sample mean and sample standard deviation as follows:
Compute the 95% confidence interval estimate of the population mean rating for Miami as follows:
Thus, the 95% confidence interval estimate of the population mean rating for Miami is (6.0, 7.5).
Answer:8 ounces of oysters per minute
Step-by-step explanation:
The statement is True, Monte Carlo simulation generate many outcomes that are organized into a frequency distribution.
Monte Carlo simulation
- When the possibility of random variables is available, a Monte Carlo simulation is a model that is used to forecast the likelihood of a variety of events. Monte Carlo simulations assist in illuminating how risk and uncertainty affect forecasting and prediction models
- The potential accuracy of a Monte Carlo simulation is roughly 4%, which is still higher than the 1% accuracy stated by SAMPLE, even for a random function with a 3 error factor.
Learn more about Monte Carlo simulation here: brainly.com/question/14332670
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Answer:
I think its 90 but im not sure.
Step-by-step explanation:
1.50 that should be it and i dont know how to show my work on a computer SORRY.