Used car auctions give car dealers an opportunity to increase their used car inventory by purchasing cars used as rental cars, assigned to company executives, and other similar activities. Suppose population 1 is all black cars sold at used car auctions, and population 2 is all white cars sold at used car auctions. Of interest is to estimate the difference in the mean sale price of all black cars sold at used car auctions and the mean sale price of all white cars sold at used car auctions. Based on this, using both the appropriate symbol and in words, state the one parameter of interest.

a. The parameter of interest is μ the difference in the mean sale price of all black cars sold at used car auctions and the mean sale price of all white cars sold at used car auctions.
b. The parameter of interest is μ1, the mean sale price of all black cars sold at used car auctions.
c. The parameter of interest is μ1-μ2, the difference in the mean sale price of all black cars sold at used car auctions and the mean sale price of all white cars sold at used car auctions.
d. The parameter of interest is μ2, the mean sale price of all white cars sold at used car auctions.

Answers

Answer 1

Answer:

c. The parameter of interest is μ1-μ2, the difference in the mean sale price of all black cars sold at used car auctions and the mean sale price of all white cars sold at used car auctions

Step-by-step explanation:

Of interest is to estimate the difference in the mean sale price of all black cars sold at used car auctions and the mean sale price of all white cars sold at used car auctions.

The parameter of interest is the difference. Suppose we have that [tex]\mu_1[/tex] is the mean sale price of all black cars sold at used car auctions, while [tex]\mu_2[/tex] is the the mean sale price of all white cars sold at used car auctions. Since the parameter of interest is the difference, it is [tex]\mu_1 - \mu_2[/tex], and the correct answer is given by option c.


Related Questions

Help me please with an explanation

to please

Answers

The answer is 8
Explanation- 9x4= 36 and 288 divided by 36 equal 8

Answer:

8 feet

Step-by-step explanation:

Volume = length * width * height

Substitute the values.

288 = 9 * 4 * height

Divide both sides by 36

height = 288/36

height = 8 feet

Which shows the best path to convert 100 liters to pints?
A liters -> cups -> pints
B liters -> kiloliters -> pints
C pints -> gallons -> liters
D pint -> quarts -> liters

Answers

Answer:

A

Step-by-step explanation:

100 liters is 416.7 cups and 416.7 cups is 211.3 pints.

You and a friend decided to open a photo print shop. The cost for printing a photo is $0.10 and sells for $0.25. The initial setup fee for equipment is $2,599. Determine how many photos you and your friend must sell to break even. Round your answer the ones place.

Answers

Answer:

2599 / 0.15 = 17327 (rounded)

Step-by-step explanation:

Can I have brainliest? Hope this helped and have a nice day!

Which of the following three-dimensional solids cannot be generated by rotating a two-dimensional figure around an axis?
sphere

pyramid

cylinder

cone

Answers

Answer:

Step-by-step explanation:

Sphere

Find the numbers of faces, edges, and vertices of the solid.
number of faces:
number of edges:
number of vertices:

Answers

Answer:

# of faces:7

# of edges: 15

# or vertices: 10

Answer:

7 10 15

Step-by-step explanation:

The Sine Function

The phrases of the Moon are periodic and repetitive. A new Moon occurs when no Moon is visible to an observer on Earth. During the first quarter, half of the side of the Moon facing the Earth is visible. During a full Moon the entire side of the Moon is Visible. During the last quarter the other half of the side of the Moon facing Earth is visible.

The U.S. Naval Observatory lists the following dates for phases of the Moon in the year 2008.

Using the information above, plot the data points. Does this data indicate that a sine regression may be appropriate in this case? Explain.

a. Yes, it shows repeated and periodic behavior.
b. Yes, it shows a curve increasing from left to right.
c. No, the points are random.
d. No, the points depict a parabola.

Please select the best answer from the choices provided

Answers

Answer:

A. Yes, it show repeated and periodic behavior.

Step-by-step explanation:

I calculated it logically

[3×2⁵-13 ×(-2)] + 2³ ÷ (-2² +3²) -3

Answers

Answer:

120.6  is the answer

Step-by-step explanation:

A landscaper is designing a flower garden in the shape of a trapezoid. She wants the shorter base to be 3 yards
greater than the height and the longer base to be 7 yards greater than the height. She wants the area to be 155
square yards. The situation is modeled by the equation h2 + 5h 155. Use the Quadratic Formula to find the
height that will give the desired area. Round to the nearest hundredth of a yard.
320 yards
c. 20.4 yards
b. 10.2 yards
d. 12.7 yards
a.

Answers

9514 1404 393

Answer:

  b.  10.2 yards

Step-by-step explanation:

The quadratic formula tells you the solutions to ...

  ax² +bx +c = 0

are given by ...

  [tex]x=\dfrac{-b\pm\sqrt{b^2-4ac}}{2a}[/tex]

Here, the quadratic equation we have is ...

  h² +5h -155 = 0

So the solutions given by the quadratic formula are ...

  [tex]h=\dfrac{-5\pm\sqrt{5^2-4(1)(-155)}}{2(1)}=\dfrac{-5\pm\sqrt{645}}{2}=\{-15.2,10.2\}[/tex]

The negative solution is not applicable in this situation, so the height that gives the desired area is 10.2 yards.


PLEASE HELP ASAP!!
Which statement describes the behavior of the function
around the vertical asymptotes?

Answers

Answer: B

Step-by-step explanation: if you look from both sides u can see it adds up + i got it right on edg:)

The statement describes the behavior of the function around the vertical asymptotes is B.

We have given the graph,

We have to determine which statement describes the behavior of the function around the vertical asymptotes.

What is the vertical asymptotes?

A vertical asymptote is a vertical line that guides the graph of the function but is not part of it. It can never be crossed by the graph because it occurs at the x-value that is not in the domain of the function. A function may have more than one vertical asymptote.

If you look from both sides of the graphs you can see it adds upward.

To learn more about the vertical asymptote visit:

https://brainly.com/question/4138300

#SPJ2

The location of a public library is 12 miles east of a residential apartment. The location of a school is 5 miles south of the residential apartment. What is the SHORTEST distance between the public library and the school?

Answers

Answer:

13 miles

Step-by-step explanation:

                                                 12 miles

                Home --------------------------------------------------------Library

                     |

5 miles          |

                     |

                     |

                     |

                School

We can draw an imaginary line betwen school and library. by using the pythagoras theorem, because it is a right triangle. the distance between school and library is 13.

triangleACB~triangleEFD

Answers

Answer: 4

Step-by-step explanation:

Corresponding sides of similar triangles are proportional, so

[tex]\frac{y}{12}=\frac{5}{15}\\\\\frac{y}{12}=\frac{1}{3}\\\\y=4[/tex]

Samuel bought an 8-ounce bag of lettuce and two 1-pound bags of carrots. Which is the total weight of the lettuce and carrots in ounces?
A. 10 ounces
B. 12 ounces
C. 40 ounces
D. 72 ounces

Answers

The total weight of the lettuce and carrots in ounces is 40 ounces if Samuel bought an 8-ounce bag of lettuce and two 1-pound bags of carrots option (D) is correct.

What is unit conversion?

It is defined as the conversion from one quantity unit to another quantity unit followed by the process of division, and multiplication by a conversion factor.

We have:

Samuel bought an 8-ounce bag of lettuce and two 1-pound bags of carrots.

As we know:

1 pounds = 16 ounces

Amount of lettuce = 8 ounce


Amount of carrots = 2 pounds = 2×16 = 32 ounces

Total weight of the lettuce and carrots in ounces =  8 + 32 = 40 ounces

Thus. the total weight of the lettuce and carrots in ounces is 40 ounces if Samuel bought an 8-ounce bag of lettuce and two 1-pound bags of carrots option (D) is correct.

Learn more about the unit conversion here:

brainly.com/question/14350438

#SPJ1

HELP PLEASE
i think i’m correct but i don’t know the answer for the last one at the bottom!!!

Answers

Answer:

7.07

Step-by-step explanation:

the measure of an angle is fifty nine times the measure of its supplementary angle. What is the measure of each angle

Answers

9514 1404 393

Answer:

  177°, 3°

Step-by-step explanation:

If the smaller angle is s, then the sum of the two angles is ...

  s + 59s = 180°

  s = 180°/60 = 3° . . . . . divide by the coefficient of s

  59s = 177° . . . . . . . . . find the larger angle

The two angles are 177° and 3°.

Paul can build a desk in 12
hours. Shawn can build the
same desk in 8 hours. How
long would it take them to
build it together?
[?] minutes

Answers

Answer:

288

Step-by-step explanation:

First, find how much of the desk each person can finish in 1 hour. Paul can finish 1/12 because he finishes the whole thing in 12 hours and Shawn can finish 1/8 because he finishes the whole thing in 8 hours.

Then find a common denominator and add those together to find how much they could do together in 1 hour.

2/24 + 3/24 = 5/24 So they can finish 5/24 of the desk in 1 hour if they work together.

So to finish 24/24 of the desk, they'll need to do 4 hours (20/24 of the desk) and 48 minutes (4/24 of the desk)

It asked for the number of minutes, so multiply 4 by 60 and add 48 to find the total number of minutes. 4*60 = 240 and 240 + 48 = 288

So it will take them 288 minutes to build the desk together.

What is the area of the figure?
7 in
Bin.
in
16 m

Answers

Answer:

112

Step-by-step explanation:\

Formula for Area- A(AREA)=L(LENGTH) times W(WIDTH)

If we follow this and plug in the Numbers we get the equasion- A=7x16

And so we solve and get the answer 112

hope this helped have a great day :3 (brainliest pls i need one more )

What is the correct answer I will mark brainlist

Answers

Answer:

3rd

Step-by-step explanation:

MARK AS BRAINLEST!!

The correct answer is C $87.73

What is the answer for this question

Answers

Answer:

68

Step-by-step explanation:

16^2= 2x16/16+16=32

32-100=68

Which best describes the numbers satisfying the inequality x less-than 7?
A all numbers greater than 7
B all numbers less than 7
C all numbers greater than and including 7
D all numbers less than and including 7

Answers

Answer:

B   all numbers less than 7

Step-by-step explanation:

x < 7

B all numbers less than 7

----------------------

< is less than

≤ is less than or equal

> is greater than

≥ is greater than or equal

Answer:

b XD

Step-by-step explanation:

5. PA license plates have 3 letters followed by 4 numbers.
a. If the same letter or number can be repeated, how many can be made?
b. If the same letter CANNOT be repeated, how many can be made?

Answers

Answer:

A. 175,760,000

B. 156,000,000

Step-by-step explanation:

For part A:

There are 26 letters in the alphabet.  Therefore, if there are 3 spots to use 26 letters, that is represented as [tex]26^3[/tex].  As for numbers, there are 10 digits from 0-9.  So if there are 4 spots for numbers, the total possible number of sequences is [tex]10^4[/tex].  So you simply multiply [tex]26^3[/tex] and [tex]10^4[/tex] to get 175,760,000 possible combinations.

For part B:

If the same letter can't be repeated, instead of using an exponent, we have to use a factorial, but only for the 3 digits required in the license plate.  These are called permutations and can be expressed as [tex]_2_6P_3[/tex], which is the same as saying 26 x 25 x 24.  Since there is no change to number of numbers, that remains the same.

[tex]_2_6P_3 * 10^4 =26*25*24*10^4=156,000,000[/tex]

What is the sum of 3 1/4 and 4 3/4 simplify answer

Answers

Answer:

8

Step-by-step explanation:

3  1/4

+4  3/4

----------------

7   4/4

But we know 4/4 = 1

7 +1

8

Answer:

8

Step-by-step explanation:

3 and 1/4 + 4 and 3/4 =

3+4+1/4 +3/4

= 3+4+4/4  because 4 fourths is one whole

=3+4+1 = 8

Shawn is buying a house and needs a loan for $120,000. Several banks have offered mortgages . Which of these offers would result in Shawn paying least amount of interest?

Answers

Answer:

b

Step-by-step explanation:

After finishing an online purchase, a popup invites you to participate in a customer satisfaction poll.


What type of bias is most likely to present?

a) Sampling bias
b) Voluntary response bias
c) Self interest study
d) Loaded questions

Answers

B is the correct answer


Heather received a 90 gift card for a coffee store. She used it in buying some coffee that cost $8.49 per pound. After buying the coffee, she had $56.04 left on
her card. How many pounds of coffee did she buy?
pounds
2

Answers

Answer:

Latoya bought 4 pounds of coffee.

Step-by-step explanation:

it sounds like you want to know how many pounds of coffee Latoya bought. First, let's figure out how much she spent. Subtract the amount she has left from the amount she started out with:

90 - 57.68 = 32.32

Latoya spent $32.32 on coffee. Since it cost $8.08 per pound, we can divide the total cost by 8.08 to figure out how many pounds she bought:

32.32/8.08 = 4

Latoya bought 4 pounds of coffee.

You spin a spinner that has 8 equal-sized sections numbered 1-8. Find each probability

Answers

Answer:

unlikely

Step-by-step explanation:

Answer:

1 to 7

Step-by-step explanation:

The probability of each landing on any of the numbers is 1 to 7

What are the volume and the surface area of this storage chest?

Answers

Someone plz help me with mine plz I’m sorry

Answer:

Hello!

answer: volume is 18

answer: surface area is 44

Hope that helps!

What is the following quotient?
6square + 11square divided by
5square +3 square

Answers

It’s the answer for that question

6. If radius is 18 am and an angle at center of circle
is 120 degrees, then the area of the sector is.......
A. 382.4 cm
B. 339.3 cm?
C. 350 cm2
D. 300 cm?

Answers

Answer:

Try A

Step-by-step explanation:

382.4cm

Last year there were 750 students enrolled in Park School, but this year there are only 685 students enrolled. What is the percent of decrease? Round to the nearest tenth.

Answers

Answer:

91 (1/3)

Step-by-step explanation:

first do 750 / 100 becuase thats is 100%

the answer to 750 / 100 is 7.5 then take 7.5 what you do is 685 / 7.5 and you get the answer

Answer:

-8.6666666666667% decrease

Step-by-step explanation:

Is either x = 8 or x = 10 a solution to 5x < 52?
A. x = 8 is a solution, but x = 10 is not.
B. Neither is a solution.
O C. x = 10 is a solution, but x = 8 is not.
D. They are both solutions.

Answers

Answer:

B. neither of them are solutions

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