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iBrain
09.04.2021 •
Mathematics
An apartment complex developer is considering building apartments in College Town, but first wants to do a market study. A sample was selected of monthly rent values ($) for 80 studio apartments in College Town with sample mean of 498.76. (Based on past experience, the developer assumes a known value of s = $65 for the population standard deviation.)
a. Develop a 98% confidence interval for the mean monthly rent for all studio apartments in this city.
b. Suppose the apartment developer wants a 98% confidence interval estimate of the population mean with a margin of error of E = $15. What sample size is needed?
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Ответ:
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Explanation:
The rotation rule we use is![(x,y) \to (y, -x)](/tpl/images/1343/4009/7aaf5.png)
The x and y coordinates step places, then the second coordinate (after the swap) changes in sign from positive to negative, or vice versa.
For example, the point (5,7) rotates to (7, -5). As another example, (2,-1) becomes (-1, -2). As another example, (-9,4) becomes (4,9).
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In our case, the point (-1,-1) will rotate to (-1, 1)
Note: A 270 degree counterclockwise rotation about the origin is the same as a 90 degree clockwise rotation about the origin. Refer to the diagram below.