Credit card companies lose money on cardholders who fail to pay their minimum payments. They use a variety of methods to encourage their delinquent cardholders to pay their credit card balances, such as letters, phone calls and eventually the hiring of a collection agency. To justify the cost of using the collection agency, the agency must collect an average of at least $200 per customer. After a trial period during which the agency attempted to collect from a random sample of 100 delinquent cardholders, the 90% confidence interval on the mean collected amount was reported as ($190.25, $250.75). Given this, what recommendation(s) would you make to the credit card company about using the collection agency

Answer with  explanation:

A x% confidence interval interprets that a person can be x% confident thatthe true mean lies in it.

Here, Credit card companies is using the collection agency to justify the cost of , the agency must collect an average of at least $200 per customer.

i.e.

The 90% confidence interval on the mean collected amount was reported as ($190.25, $250.75) .

I recommend that we can be 90% sure that the true mean collected amount  lies in ($190.25, $250.75).

Also, $200 lies in it such that it is more far from $250.75 than $190.25, that means there are large chances of having an average is at least $200 per customer.

75

step-by-step explanation:

you do x-29=46 (the number of cantaloupes sold)

in order to find x, you have to find what minus 29 equals 46, meaning you'd have to add 29 to 46.

29+46=75

if you replace x with 75, the equation looks like:

75-29=46

x=75

-2x + 7 = 7

subtract 7 from both sides.

-2x = 0

divide both sides by -2.

x = 0