Mathematics
Mathematics, 29.03.2021 23:00, lloveshan219

According to Franchise Business Review, over 50% of all food franchises earn a profit of less than $50,000 a year. In a sample of 142 casual dining restaurants, 81 earned a profit of less than $50,000 last year. 1) What is the point estimate of the proportion of casual dining restaurants that earned a profit of less than $50,000 last year?

2) Determine the margin of error and provide a 95% confidence interval for the proportion of casual dining restaurants that earned a profit of less than $50,000 last year.

3) How large a sample is needed if the desired margin of error is .03?

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:30, AreYouMyNewDad
In djkl, side jk measures 10.6 inches, side kl measures 7 inches, and side jl measures 5 inches. based on the information that is provided, which could be a correct set of angle measures for these sides? angle j = 23.2°, angle k = 33.5°, angle l = 23.2° angle j = 23.2°, angle k = 33.5°, angle l = 123.2° angle j = 123.2°, angle k = 23.2°, angle l = 33.5° angle j = 33.5°, angle k = 23.2°, angle l = 123.2°
Answers: 1
image
Mathematics, 21.06.2019 15:00, Shavaila18
The data shown in the table below represents the weight, in pounds, of a little girl, recorded each year on her birthday. age (in years) weight (in pounds) 2 32 6 47 7 51 4 40 5 43 3 38 8 60 1 23 part a: create a scatter plot to represent the data shown above. sketch the line of best fit. label at least three specific points on the graph that the line passes through. also include the correct labels on the x-axis and y-axis. part b: algebraically write the equation of the best fit line in slope-intercept form. include all of your calculations in your final answer. part c: use the equation for the line of best fit to approximate the weight of the little girl at an age of 14 years old.
Answers: 3
image
Mathematics, 21.06.2019 16:00, brattymoo1009
This race was first held in 1953 on august 16th. every decade the race finishes with a festival. how many years is this?
Answers: 2
image
Mathematics, 21.06.2019 17:10, sanchez626
Determine whether the points (–3,–6) and (2,–8) are in the solution set of the system of inequalities below. x ? –3 y < 5? 3x + 2 a. the point (–3,–6) is not in the solution set, and the point (2,–8) is in the solution set. b. neither of the points is in the solution set. c. the point (–3,–6) is in the solution set, and the point (2,–8) is not in the solution set. d. both points are in the solution set.
Answers: 3
Do you know the correct answer?
According to Franchise Business Review, over 50% of all food franchises earn a profit of less than $...

Questions in other subjects:

Konu
History, 21.03.2020 23:02