Some accounting firms give the client an option to pay a fee when the tax return is completed that guarantees tax advices and support from the accountant if the client were audited. A large accounting firm is trying to determine what fee to charge for next​year's returns. In previous​ years, the actual mean cost to the firm for attending a client audit session was $690. To determine if this cost has​ changed, the firm randomly samples 35 client audit fees. The sample mean audit cost was $700 with a standard deviation of $65.

Required:
a. Develop a 90% confidence interval estimate for the mean audit cost.
b. Based on your confidence​ interval, what do you think of the claim that the mean cost has​ changed?

1. The interval does not contain the historical data mean $690, which supports claim the mean cost has changed.
2. The interval contains historical data mean $690, which supports the claim the mean cost has changed.
3. The interval does not contains historical data mean $690, which does not support the claim it has changed.
4. The interval contains historical data mean $690, which does not support the claim the mean cost has changed.

Answers

Answer 1

Answer:

a) $700+/-$18.07

Therefore,the 90% confidence interval (a,b)

= ($681.93, $718.07)

b) 4. The interval contains historical data mean $690, which does not support the claim the mean cost has changed.

Step-by-step explanation:

Confidence interval can be defined as a range of values so defined that there is a specified probability that the value of a parameter lies within it.

The confidence interval of a statistical data can be written as.

x+/-zr/√n

Given that;

Mean x = $700

Standard deviation r = $65

Number of samples n = 35

Confidence interval = 90%

z(at 90% confidence) = 1.645

a. Develop a 90% confidence interval estimate for the mean audit cost.

Substituting the values we have;

$700+/-1.645($65/√35)

$700+/-1.645($10.98700531147)

$700+/-$18.07362373736

$700+/-$18.07

Therefore,the 90% confidence interval (a,b) = ($681.93, $718.07)

b) Since, $690 is contained between the 90% confidence interval of ($681.93, $718.07). It implies that the mean cost has not changed.

4. The interval contains historical data mean $690, which does not support the claim the mean cost has changed.


Related Questions

Please answer this correctly

Answers

Answer: Rectangular pyramid

Step-by-step explanation:

When you think about it, a pyramid has 3 faces that are triangular!

If you found this answer helpful, give it a five-star rating and a thanks! I would really appreciate it!

You can even give it a brainliest if you want! ;)

Among 6 electrical components exactly one is known not to function properly. If 2 components are randomly selected, find the probability that all selected components function properly?

Answers

Answer:

66.67% probability that all selected components function properly

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

The order in which the components are chosen is not important. So we use the combinations formula to solve this question.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this question:

Desired outcomes:

2 components which function properly, from a set of 5. So

[tex]D = C_{5,2} = \frac{5!}{2!(5-2)!} = 10[/tex]

Total outcomes:

2 components, from a set of 6. So

[tex]T = C_{6,2} = \frac{6!}{2!(6-2)!} = 15[/tex]

Probability:

[tex]p = \frac{D}{T} = \frac{10}{15} = 0.6667[/tex]

66.67% probability that all selected components function properly

Set up each situation and simplify if possible. Then, choose all situations that are best modeled by a rational inequality.

Answers

Answer:

Problem: 3x/5x + 5 ≤ 8 + 2x

Solution: x ≥ -15/7

Step-by-step explanation:

Example of this inequality is:

3x/5x + 5 ≤ 8 + 2x

3x/5x - 2x ≤ 8 - 5

(3x - 10x)/5 ≤ 3

-7x ≤ 15

x ≥ -15/7



Myra wants to save at least $500 by the end of her summer vacation. She currently has $350 saved. She can earn $25 cutting a lawn in her neighborhood. Myra solves an inequality to determine the least number of lawns, n, she must cut to reach her goal.

What number is the minimum number of lawns Myra needs to mow to meet her goal?

Answers

Answer:

6 ≤ b.

(6).

Step-by-step explanation:

So, we are given in the question that the amount that Myra wants to say is $500 at the end of her summer vacation and she has saved up to $350. Thus, it remain ($500 - $350 = $150) for completion.

Also, "She can earn $25 cutting a lawn in her neighborhood."

Therefore, the total amount of money she wants to save = a = 500. Then,

Total amount of money, a = 350 + 25b.

500 = 350 + 25b.

=> 500 ≤ 350 + 25b.

Note that the ' =' sign has changed to '≤' sign since she wants that amount(at least). Also, the question specified that she used inequality.

Hence, the amount remaining for it to complete is $150. Therefore;

150 ≤ 25b.

6 ≤ b.

Thus, Myra will have to mow at least 6 lawns

Answer:

6

Step-by-step explanation:

Took the quiz on edge!

Can I please get some help on this...I have tried to many times...

Answers

Answer: A

Step-by-step explanation:

First, the problem is g(f(x)). You would plug in f(x) wherever you see an x in g(x). To find the domain, you take the bottom function, and set it equal to 0.

[tex]\sqrt{x-2} =0[/tex]

When you solve that, you get x=2. You know your domain is x≥2, but there is as asymptote at x=11. That means the graph never reaches x=11, but gets very close. You find that by setting the entire equation equal to 0 and solve from there.

Explain how you could calculate the surface area of a square pyramid

Answers

Answer:

calculate the area of a square using the length * width formula, and then add the areas of the other triangles, of which you can calculate by using the base * height formula

Step-by-step explanation:

Answer:

Multiply the side length of the base by the slant height and divide by two. Then, multiply by 4. This will give you the lateral surface area of the pyramid.Step-by-step explanation:


25. If the area of a circle is 144cmthen find
a. lts diameter
b. Its circumference​

Answers

Answer:

a. lts diameter = 13.540550005146 cm

b. Its circumference​ = 42.538892421732 cm

Step-by-step explanation:

suppose A the area ; d the Diameter ; P the circumference and r the radius

A = πr²

P = d×r = 2πr

then

r² = A/π = 144÷π = 45.836623610466

then

→ r = √(45.836623610466) = 6.770275002573

d = 6.770275002573×2 = 13.540550005146

→ P = 13,.540550005146×π = 42.538892421732

6+7=73.5
7+8=84
11+12=126
12+24=390.6
24+28=?

Answers

Answer:

52

Step-by-step explanation:

24+28 = 52

52 - 24 = 28

52 ,, same explanation as above

What is the y-intercept of the line?

x 16 24 32
y 44 64 84

Answers

Answer:

The y-intercept of the line is 2

Step-by-step explanation:

You could try to find the slope of the line and then find the intercept with y axis by sloving b = y - ax

But here it seems easy enough once you see that the x values in the table increase by a factor of 8 and the y values in the table increase by a factor of 20.

(By the way, this is enough to give you the slope, because it is 8/20 ). But why bother?

Just extrapolate the table to the left, and you will find the y value where x = 0

x 0 8 16 24 32

y 2 22 44 64 84

So the y-intercept of the line is 2.

Extra:

The full equation of the line is:

y = 8/20x + 2

Answer:

(0,4)

Step-by-step explanation:

Solve for the value of x

Answers

The sum of a triangle is 180 degrees so the value for x would be 9
A sum of the angles of a triangle will always be 180 degrees total.

50 + 50 + 9x - 1 = 180
100 + 9x - 1 = 180
99 + 9x = 180
Subtract 99 from both sides.
9x = 81
Divide each side by 9.
x = 9

Answer: x = 9

In a study in Scotland (as reported by Devlin 2009), researchers left a total of 320 wallets around Edinburgh, as though the wallerts were lost. Each contained contact information including an address. Of the wallets, 146 were returned by the people who found them. With the following steps, use the data to estimate the proportion of lost wallets that are returned, and give a 95% confidence interval for this estimate.

Required:
a. What is the observed proportion of wallets that were returned (rounded to the nearest thousandths)?
b. Calculate p to use in the Agresti-Coull method of calculating a 95% confidence interval for the population proportion rounded to the nearest thousandths).
c. Calculate the lower bound of the 95% confidence interval (rounded to the nearest thousandths)
d. Calculate the upper bound of the 95% confidence interval (rounded to the nearest thousandths)

Answers

Answer:

a) The observed proportion of wallets that were returned

  p = 0.45625

b) 95% of confidence intervals for Population proportion

 0.40168  , 0.51082)

c) The lower bound of the 95% confidence interval = 0.40168

d) The upper bound of the 95% confidence interval = 0.51082

Step-by-step explanation:

Step(i):-

a)

Given data the  researchers left a total of 320 wallets around Edinburgh, as though the wallets were lost. Each contained contact information including an address. Of the wallets, 146 were returned by the people who found them

Given sample size 'n' = 320

  Given data          'x ' = 146

Sample proportion

              [tex]p = \frac{x}{n}[/tex]

             [tex]p = \frac{x}{n} = \frac{146}{320} = 0.45625[/tex]

Step(ii):-

b) 95% of confidence intervals for Population proportion

Level of significance = 95% or 0.05%

[tex]Z_{\frac{\alpha }{2} } = Z_{\frac{0.05}{2} } = Z_{0.025} = 1.96[/tex]

95% of confidence intervals for Population proportion are determined by

[tex](p - Z_{0.025} \frac{\sqrt{p(1-p)} }{\sqrt{n} } , p + Z_{0.025} \frac{\sqrt{p(1-p)} }{\sqrt{n} })[/tex]

[tex](0.45625 - 1.96\frac{\sqrt{0.45625(1-0.45625)} }{\sqrt{320} } , 0.45625 + 1.96\frac{\sqrt{0.45625(1-0.45625)} }{\sqrt{320} })[/tex]

(0.45625 - 0.05457 , 0.45625 + 0.05457)

(   0.40168  , 0.51082)

c) The lower bound of the 95% confidence interval = 0.40168

d) The upper bound of the 95% confidence interval = 0.51082

What is the inverse of the function f(x) = 2x + 1? h(x) = one-halfx – one-half h(x) = one-halfx + one-half h(x) = one-halfx – 2 h(x) = one-halfx + 2

Answers

Step-by-step explanation:

To find the inverse we just switch f(x) and x so we get :

x = 2f(x) + 1

2f(x) = x - 1

h(x) = 1/2x - 1/2

Hope this helps!

Answer:

x = 2f(x) + 1

2f(x) = x - 1

h(x) = 1/2x - 1/2

Step-by-step explanation:

What is the volume of the shape?

Answers

Volume of the bottom rectangle:

12 x 4.5 x 5.5 = 297 cubic cm

Volume of triangle:

1/2 x 12 x 5 = 30 x 4.5 = 135 cubic cm

Total volume = 297 + 135 = 432 cubic cm

Find the volume of a cone with the radius of radius of 80 and height of 21

Answers

Answer:

140672

Step-by-step explanation:

formula for cone volume=pi*r^2*h*1/3

80^2*3.14*21=422016

422016*1/3

=140672

expand and simplify (4+√2)(6-√2) give your answer in the form b+√2

Answers

Answer:

22+2[tex]\sqrt{2}[/tex]

Step-by-step explanation:

Expanded it is

24-4[tex]\sqrt{2}[/tex]+6

This simplified leads to 22+2[tex]\sqrt{2}[/tex]

Hope this helps

How to solve 3/7+3/14

Answers

Answer:

About 0.642

Step-by-step explanation:

U basically make the snot or the same by 7x2 and after you make the denominator the same u just plus the top number and the denominator will just be 14.So the answer is 6/14.but it can be simplified to 3/7

Solve the system of equations.
y=x2-5
y=-2x+3

A. (2-1) and (4.-5)
B. -2.7) and (4-5)
C. (-411) and (2-1)
O D. (-4, 11) and (-27)

Answers

I did this but got a different answer to it , but most likely it’ll be A , Hope this helps !

What is the range of g?

Answers

Answer:

  [-4, 9]

Step-by-step explanation:

The range is the vertical extent of the relation.

__

The minimum value of g is marked by the solid dot at (x, y) = (4, -4). That minimum is -4.

The maximum value of g is the peak at (x, y) = (-2, 9). That maximum is 9.

The function is continuous between these values, so the range includes all values between -4 and +9, inclusive.

  range: [-4, 9]

Answer:

Step-by-step explanation:

range: [-4, 9]


Chords XY and ZW intersect in a circle at P. If
XP = 7, PY=12, and WP= 14, find PZ.

Answers

Answer:

Length of segment PZ = 6 units

Step-by-step explanation:

As per theorem of intersecting chords in a circle ;

"Product of lengths of line segments on each chord are equal".

From the figure attached,

Chords XY and WZ are intersecting at point P in a circle.

By theorem;  XP × PY = WP × PZ

7 × 12 = 14 × PZ

PZ = [tex]\frac{84}{14}[/tex]

PZ = 6 units

Therefore, length of the segment PZ = 6 units.

Which graph is the solution to Ixl > 10?

Answers

Answer: D with the open circles at -10 and 10 with a line in between them.

Step-by-step explanation:

Since x has an absolute value sign around it this means that all the values will be positive which includes negative numbers.

Since the solution must be less than 10 we need all values under 10 which is 1-9.9 repeating. we can show the 9.9 repeating with an open circle on the value of 10. This also goes for the negative values for x as we can go up to -9.9 repeating because it will become positive.

The only graph that shows these values is D with the open circles at -10 and 10 with a line in between them.

Answer:

D

Step-by-step explanation:

Hope this helps

The sum of two numbers is 15. One of the
numbers is 12 times the other. Find the
bigger number.​

Answers

Answer:

The Sum of two number is 15: x + y = 15

One of the numbers is 12 times the other: x = 12y:

System of equations:

x + y = 15

x = 12y

Plug x = 12y into equation one(x + y = 15)

12y + y = 15

13y = 15

y = 15/3

y ≈  1.15

Now we know x = 12y

x = 12(15/13) = 180/13

x = 180/13

x ≈ 13.85

The biggest number is x = 180/13.

Answer if you can and help other people out

Answers

Answer:131.964 cm

Solution,

radius=21 cm

Circumference of circle=2 pi r

=2*3.142*21

=131.964 cm

hope it helps

Good luck on your assignment

answer is 131.64
Radius is 21cm
2x3.142x21 = 131.64

A rectangle measures 9 feet by 6 feet. What is the measure of the diagonal? Round your answer to the nearest tenth.

Answers

Answer:

~10.8 (ft)

Step-by-step explanation:

Apply the Pythagorean theorem, you can work out the measure of diagonal.

[tex]Diagonal = \sqrt{9^{2}+6^{2} } =\sqrt{81 + 36} =\sqrt{117} =~10.8(ft)[/tex]

The measure of the diagonal of a rectangle is 10.8 feet.

What is the Pythagoras theorem?

The Pythagoras theorem which is also referred to as the Pythagorean theorem explains the relationship between the three sides of a right-angled triangle. According to the Pythagoras theorem, the square of the hypotenuse is equal to the sum of the squares of the other two sides of a triangle.

Given that, a rectangle measures 9 feet by 6 feet.

Let the length of diagonal be x.

x²=9²+6²

x²=81+36

x²=117

x=√117

x=10.8 feet

Therefore, the measure of the diagonal of a rectangle is 10.8 feet.

To learn more about the Pythagoras theorem visit:

brainly.com/question/21926466.

#SPJ3

What’s the correct answer for this?

Answers

Answer:

x = 5

Step-by-step explanation:

Since TV bisects (equally divides) EF hence <EKT = 90°

Also <EKT = 5x+65

So

5x+65 = 90

5x = 90-65

5x = 25

Dividing both sides by 5

x = 5

The graph of F(x), shown below, has the same shape as the graph of
G(X) = x2, but it is shifted up 3 units and to the right 1 unit. What is its
equation?

Answers

Answer:

The answer is A.

Step-by-step explanation:

First, recall the vertex form of a quadratic equation: [tex]f(x)=a(x-h)^2+k[/tex], where [tex]h[/tex] represents the horizontal change and [tex]k[/tex] represents the vertical change.

The original equation is [tex]g(x)=x^2[/tex], or, in other words, [tex]g(x)=1(x-0)^2+0[/tex].

We are told that the graph is shifted up 3 and right 1. Thus, both values are positive (right and up). Note that up 3 corresponds to a positive vertical change of 3 while right 1 represents a positive horizontal change of 1.

Thus, put these back into the equation in place of [tex]h[/tex] and [tex]k[/tex].

We have:

[tex]f(x)=1(x-(+1))^2+(+3)[/tex]

Or, simplified:

[tex]f(x)=(x-1)^2+3[/tex]

The answer is A.

2. The perimeter of a rectangular pool is 98 feet.
The ratio of the width to the length is 3:4.
What are the dimensions of the pool?

Answers

Answer:

56 and 42

Step-by-step explanation:

3:4

3 + 4 = 7

98 / 7 = 14

14 x 3 = 42

14 x 4 =  56

56 + 42 = 98

The dimensions of the pool can be categorized as below:

Length equals 28 feet

Width equals 21 feet

What is the perimeter?

The perimeter of a rectangle is the outside length of the rectangle. To find the perimeter we add all the 4 sides of the rectangle.

Perimeter = 2(length) + 2 (width )

The ratio of the width to the length is 3:4. The width of the rectangle is 3x  

We know,

Length of the rectangle is 4xWidth =3x  

Length = 4x

Substitute it in the perimeter formula and solve for x.

Given that,

Perimeter of a rectangle = 98 feet

Perimeter = 2(length )+2(width)

98 = 2(4x)+2(3x)

98 = 8x+6x

98 = 14x

∵ x = 7

Now, we will find out the length and width of the pool.

Length = 4x

= 4(7)

= 28 ft.

and,

Width = 3x

= 3(7)

= 21 ft.

Thus, the length of the pool is 28 feet and the width of the pool is 21 feet

Learn more information about 'Perimeter' here: brainly.com/question/89866

what is 42 + 7x + 12x – 8 i really need help

Answers

Answer19x+34

Solution,

42+7x+12x-8

Combine like terms,

= 7x+12x+42-8

Simplify

=19x+34

hope it helps

Good luck on your assignment

Answer:

36+19x

Step-by-step explanation:

Ok, first, combine like terms, so the two values with X.

42 + 7x + 12x – 8

42 +19x – 8

Now, we combine the two values that have no X

42+19x– 8  Imagine there is a plus sign in front of the 42 because it's positive.

So 42-8=36

36+19x

That's your solution, that's the most this can be simplified.

1. Michel buys a leash for his dog. The leash is 6 ft 3 inches. How long, in inches, is the leash?(1 ft = 12 inches)
A) 48 inches
B) 51 inches
C) 72 inches
D) 75 inches

2. What is the area of a triangular garden with base of 6 ft and a height of 9 ft? (A = 1/2BH)

A) 27 square feet
B) 48 square feet
C) 54 square feet
D) 24 square feet

Answers

Answer:

1.  D) 75 inches

2. A)  27 square feet

Step-by-step explanation:

1.  You need to convert 6 feet to inches.  In one foot, there are 12 inches.  Multiply 6 by 12 to find the number of inches in 6 feet.  Add 3 inches to the product to find the total number of inches.

6 × 12 = 72

72 + 3 = 75

You will have 75 inches in total.

2.  Use the formula to solve.  You are given the base and the height already.  Simply plug in and solve.

A = 1/2BH

A = 1/2(6)(9)

A = 3(9)

A = 27 ft²

The area is 27 ft².

Answer:

Step-by-step explanation:

Abigail had a fish tank that was in the shape of a box. The dimensions were 1 foot deep by 24 inches wide, by 18 inches tall. How many cubic inches of water will it take to completely fill the tank?

Answers

Answer:

volume= 5,184 cubic inches

Step-by-step explanation:

5,184 have to convert 1 foot to 12 inches then multiply

275 feet in 10 seconds =

Answers

27.5 feet per second
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