Unknown QUESTION 27
A research survey of 4750 adults found that 4275 had purchased something online of these shoppers, 789 are weekly online shoppers.
Construct a 99% Confidence interval estimate of the population proportion of adults who had purchased something online
A The Point Estimate equals 50.60
(Round to 1 decimal place)
B. The Standard Error equals 1243
(Round to 4 decimal places)
The Critical Value equals
(Round to 2 decimal places)
(Round to 4 decimal places)
D. The Margin of Error equals
and
E. & F. We are 99% confident the true proportion of adults who purchased something online is between
(Round to 4 decimal places)

Acaterer knows he will need 60, 50, 80, 40 and 50 dinner napkins on five successive evenings. he can purchase new napkins initially at 25 cents each, after which he can have dirty napkins laundered by a fast one-day laundry service (i.e., dirty napkins given at the end of the day will be ready for use the following day) at 15 cents each, or by a slow two-day service at 8 cents each or both. the caterer wants to know how many napkins he should purchase initially and how many dirty napkins should be laundered by fast and slow service on each of the days in order to minimize his total costs. formulate the caterer’s problem as a linear program as follows (you must state any assumptions you make): a. define all variables clearly. how many are there? b. write out the constraints that must be satisfied, briefly explaining each. (do not simplify.) write out the objective function to be minimized. (do not simplify.)