For this project, you will research setting up a food cart that sells one item (like hot dogs in buns) along with any condiments (like catsup, mustard, relish, onions, etc.) and necessary serving products (like napkins, plates, containers/wrapping foil, etc.) You may pick any food item of your choice. You will determine your total cost function, revenue function, profit function, and find your break-even point(s)

Answers

Answer 1

For this project, we will consider setting up a food cart that sells hot dogs in buns along with various condiments and necessary serving products. To analyze the business, we need to determine the total cost function, revenue function, profit function, and find the break-even point(s).

The total cost function combines both fixed costs and variable costs associated with running the food cart. Fixed costs include expenses that remain constant regardless of the quantity produced, such as permits, licenses, rent for the cart, and equipment costs.

Variable costs, on the other hand, vary with the quantity produced and may include ingredients (hot dogs, buns, condiments), packaging materials, and other operational expenses. By summing the fixed costs and the variable costs as a function of the quantity produced, we can determine the total cost function.

The revenue function represents the total income generated from selling the hot dogs. It is calculated by multiplying the selling price per hot dog by the quantity sold. The selling price per hot dog will depend on market factors and competition. By multiplying the selling price per hot dog with the quantity sold, we can determine the total revenue function.

The profit function is derived by subtracting the total cost from the total revenue. It represents the net profit or loss obtained from operating the food cart. By subtracting the total cost function from the total revenue function, we can determine the profit function.

The break-even point is the quantity at which the total revenue equals the total cost, resulting in zero profit. To find the break-even point(s), we set the profit function equal to zero and solve for the quantity that gives zero profit. This quantity represents the point at which the business starts making a profit.

It's important to note that specific cost, revenue, and profit values will depend on factors such as the local market, pricing strategy, and operating expenses.

Conducting thorough research and gathering accurate information will allow for a detailed analysis and enable informed decision-making for the specific food cart business.

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Related Questions

I need help . Pretend they are labeled a-e

Answers

Answer:

a definitely, and maybe e, im not sure

Step-by-step explanation:

let me know if it was right

I think it’s (a) and (c) and (e)


(f+g)(2)=
(f-g)(2)=
(fg)(2)=

Answers

Answer:

(f + g)(2) = 16

(f - g)(2) = 0

(fg)(2) = 64

Step-by-step explanation:

f(2) = 8          g(2) = 8

(f + g)(2) = f(2) + g(2) = 8 + 8 = 16

(f - g)(2) = f(2) - g(2) = 8 - 8 = 0

(fg)(2) = f(2)g(2) = 8(8) = 64

given sphere_radius and pi, compute the volume of a sphere and assign to sphere_volume. volume of sphere = (4.0 / 3.0) π r3

Answers

The double asterisk operator (**) is used to raise the radius to the power of 3, which represents r³ in the formula.

To compute the volume of a sphere, the given formula is used. It is: volume of a sphere = (4.0 / 3.0) πr³ where r is the radius of the sphere.

Therefore, to find the volume of the sphere given the sphere_radius and pi, the formula above is used, as shown below: sphere_volume = (4.0 / 3.0) * pi * sphere_radius**3

where sphere_radius is the given radius of the sphere and pi is the constant pi.

The double asterisk operator (**) is used to raise the radius to the power of 3, which represents r³ in the formula.

Pi (π) is a mathematical constant that represents the ratio of the circumference of a circle to its diameter. It is an irrational number, which means it cannot be expressed as a simple fraction or as a finite decimal. The decimal representation of pi goes on infinitely without repeating.

The value of pi is approximately 3.14159, but it is typically rounded to 3.14 for simplicity in calculations. However, to maintain accuracy, mathematicians and scientists often use more decimal places, such as 3.14159265359, depending on the level of precision required for their calculations.

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Full question:

Given sphere_radius and pi, compute the volume of a sphere and assign to sphere_volume. Volume of sphere = (4.0 / 3.0) π r3

Find the total cost if the price of a netbook is 375.00.

Answers

Answer:

387.50.

Step-by-step explanation:

What is the solution to the system of equations?
-6x-2y = 8
1
X+ 3y = 29
O (10,-2)
O (10, 2)
O (2, 10)
O (-2, 10)

Answers

Step-by-step explanation:

-2,10 is the answer according to my working

EASY POINTS!! BRAINLIEST TO THE BEST DISC!!

Answers

Answer: I BELIVE it’s 60

Step-by-step explanation:

He got a job selling cell phone services. He will be compensated $20 each hour he
works. He also gets a job at a competing cell phone store. His deal is that he will earn
$10 each hour, BUT he will start off with a bonus of $50 at the start of each day.
1) create equations for each man's compensation

2) After how many hours will they earn the same amount?
3) in an 8 hour day, who will earn more? How much more

Answers

Answer:

I think you should go with 3

In a certain population, 18% of the people have Rh-negative blood. A blood
bank serving this population receives 95 blood donors on a particular day. Use the normal
approximation for binomial random variable to answer the following: (a) What is the
probability that 15 to 20 (inclusive) of the donors are Rh-negative? (b) What
is the probability that more than 80 of the donors are Rh-positive?

Answers

a) The probability that 15 to 20 (inclusive) of the donors are Rh-negative is 0.5406.

b) The probability that more than 80 of the donors are Rh-positive is 0.0199.

(a) Given that p = 0.18 and q = 0.82

The mean, μ = np = 95 × 0.18 = 17.1

The variance, σ² = npq = 95 × 0.18 × 0.82 = 13.77

Then, the standard deviation σ = √(npq) = √13.77 ≈ 3.71

Using the Normal approximation for binomial distribution, we need to find the probabilities of P(X ≤ 20) and P(X ≤ 14).

P(X ≤ 20) = P(Z ≤ (20 - μ) / σ) = P(Z ≤ (20 - 17.1) / 3.71) = P(Z ≤ 0.78) = 0.7823P(X ≤ 14) = P(Z ≤ (14 - μ) / σ) = P(Z ≤ (14 - 17.1) / 3.71) = P(Z ≤ -0.84) = 0.2005

The required probability is given by;

P(15 ≤ X ≤ 20) = P(X ≤ 20) - P(X ≤ 14) = 0.7823 - 0.2005 = 0.5406

Therefore, the probability that 15 to 20 (inclusive) of the donors are Rh-negative is 0.5406.

b) We are required to find the probability that X > 80.Given that p = 0.82 and q = 0.18

The mean, μ = np = 95 × 0.82 = 77.9

The variance, σ² = npq = 95 × 0.82 × 0.18 = 13.77

Then, the standard deviation σ = √(npq) = √13.77 ≈ 3.71P(X > 80) = P(Z > (80 - μ) / σ) = P(Z > (80 - 77.9) / 3.71) = P(Z > 0.57) = 0.2843

The probability that more than 80 of the donors are Rh-positive is 0.0199.

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Describe what you normally do on Sunday​

Answers

Nothing just lay in bed all day on my phone-

my normal routine except i go to church

Eat your spinach: Six measurements were made of the mineral content (in percent) of spinach, with the following results. It is reasonable to assume that the population is approximately normal. 19.1 20.8 20.8 21.4 20.5 19.7 a. Construct a 95% confidence interval for the mean mineral content. b. Based on the confidence interval, is it reasonable to believe that the mean mineral content of spinach may be greater than 21%? Explain.

Answers

a. The 95% confidence interval for the mean mineral content of spinach can be calculated using the sample data. The formula for the confidence interval is:

Confidence interval = (sample mean) ± (critical value) * (standard deviation / sqrt(sample size))

Using the given data, the sample mean is 20.63 and the standard deviation is 0.676. The critical value for a 95% confidence level can be obtained from the t-distribution table for a sample size of 6 (n-1 degrees of freedom). Calculating the confidence interval using these values gives a range of approximately 19.97% to 21.29%.

b. Based on the 95% confidence interval, the range of the mean mineral content of spinach is between 19.97% and 21.29%. Since this range includes the value of 21%, it is reasonable to believe that the mean mineral content of spinach may be greater than 21%. However, we cannot be certain as the range also includes values below 21%. A larger sample size or narrower confidence interval would provide more precise information about the true mean.

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Help! Look at my last most recent question for 100 points. This one only offers 10.

Answers

Answer: 2.43m^3

Step-by-step explanation:

Answer: 2.43cm^3

Step-by-step explanation:

PLEASE mark me BRAINIEST! One more until next ranking!

Drag the tiles to the correct boxes to complete the pairs. Match the pairs to coordinates that represent the same point.

(3, 5π/4) (-3, 3π/4) (-3, 5π/2)
(-3, 3π/2)

Answers

The coordinates that represent the same point are: (3, 5π/4) and (-3, 3π/4); and (-3, 5π/2) and (-3, 3π/2). Explanation:We know that in the coordinate system, there is a point represented by (x,y) where x is the horizontal position and y is the vertical position.

Here in the question, we are given with some coordinates and we need to match the pairs that represent the same point. So, Let's check each pair given:(3, 5π/4) and (-3, 3π/4): Here, x coordinates are not same but we need to check whether they represent the same point or not. If we check the angles associated with each coordinate, we will notice that 5π/4 and 3π/4 are coterminal angles.

So, they both lie on the same position and thus represents the same point. Hence, this pair represents the same point.(-3, 5π/2) and (-3, 3π/2): Here, x coordinates are same, so they are representing the same point.

But we need to check whether y-coordinates also represents the same point or not. If we check the angles associated with each coordinate, we will notice that 5π/2 and 3π/2 are coterminal angles. So, they both lie on the same position and thus represents the same point. Hence, this pair represents the same point.

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(Number Theory) Please provide a detailed response and I
will be sure to upvote.
In plain language, answer the following questions:
(i) What is a complete residue system?
(ii) What is a primitive root

Answers

(i) A complete residue system is described as to  a set of integers that shows  all possible remainders when dividing any integer by a given modulus.

(ii) A primitive root is described as an integer that generates all possible residues modulo a given modulus.

What are the applications of  primitive root?

When primitive roots exist, it is often very convenient to use them in proofs and explicit constructions.

Say for example, if p is an odd prime and g is a primitive root mod p, the quadratic residues mod p are precisely the even powers of the primitive root.

Primitive roots also  finds numerous  applications in number theory, cryptography, and discrete mathematics.

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In circle S with m RST = 104°, find the angle
104°, find the angle measure of minor arc RT
T
S
R

Answers

Answer:

104

Step-by-step explanation:

:)

please give me the ans​

Answers

Answer:

how to use a c a l c u l a t o r

Step-by-step explanation:

1. g o o g l e

2. add parenthesis if needed

Can someone help me?!?!

Answers

Answer:

b, d, and f are 70°. a, c, g, and e are 110°

Step-by-step explanation:

HELLP ASAP PLEASE!!!

Answers

Answer: 18) (9x)° + 45° = 180°-45°= 135° then we isolate the variable and the answer is 9x/9 which is equal to x = 15°.

Step-by-step explanation: 18) supplementary angles add up to 180 degrees. So a supplementary angle lies on a single, straight line

19) (4x)° + 26 = 90 because complementary angles add up to 90° which is a right angle we do 90-26 = 64 and then isolate the variable 4x/4 and 64/4 and get 1

Lines v and w are parallel. If <1 measures 62°, what is the measure of <8?

Answers

The measure of angle 8 is 118°, and the measure of the angle opposite to it, angle 6, is 62°.

If lines v and w are parallel and angle 1 (denoted as <1) measures 62°, then angle 8 (denoted as <8) is supplementary to <1 (since they are corresponding angles on the same side of the transversal line) and thus measures 180 - 62 = 118°.

When two straight lines are cut by a transversal line, corresponding angles on the same side of the transversal are equal. Therefore, <8 and <1 are equal in measure. By transitivity, <8 is also equal in measure to the angle that is opposite it and adjacent to <1, which we could denote as <6.

We can apply the same reasoning to find the measure of angle 6. Since line v is parallel to line w, angle 6 and angle 1 are alternate interior angles, and thus are equal in measure. Therefore, <6 also measures 62°, and this is the measure of the angle opposite to angle 8.

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can u pls help im so lost

Answers

Answer:

Not sure, but technically 9y

Step-by-step explanation:

find the average of the lengths. 12 and 6 average 9 together. Then, you multiply it by the height.

NOTE: It is not 1 or 2, because you can't use those to calculate the area.

Based on the following, should a one-tailed or two- tailed test be used? Họ: H = 17,500 Ha: # 17,500 V = 18,000 s= 3000 n = 10

Answers

The required  correct answer is a two-tailed test should be used based on the following data

Explanation:

To determine whether a one-tailed or two-tailed test should be used based on the following data:              

 H0: H = 17,500Ha: # 17,500V = 18,000s = 3000n = 10                                 We must first examine the alternative hypothesis (Ha) to determine whether it is directional (one-tailed) or non-directional (two-tailed).

A directional alternative hypothesis, or a one-tailed test, is a hypothesis that predicts the direction of the difference between the sample mean and the population mean. Ha: < 17,500 or Ha: > 17,500 are examples of a directional hypothesis.

A non-directional alternative hypothesis, or a two-tailed test, is a hypothesis that does not predict the direction of the difference between the sample mean and the population mean.

Ha: ≠ 17,500 is an example of a non-directional hypothesis.Since Ha: # 17,500 is not directional and does not predict the direction of the difference between the sample mean and the population mean, a two-tailed test is required.

Therefore, a two-tailed test should be used based on the following data.

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When solving the equation x/5 - 12 = 10, what is your last step?

A. Multiply by 5 on each side.
B. Add 12 to each side.
C. Divide by 5 on each side.
D. Subtract 12 from each side.

+10 points!

Answers

Answer:

c

Step-by-step explanation:

a. You wish to test the atp/cp energy system. What test would you use?
b. You wish to test the glycolytic energy system. What test would you use?
c. You wish to test the oxidative energy system. What test would you use?

Answers

The Wingate Anaerobic Test is used to assess the ATP/CP energy system, the Maximal Anaerobic Power Test is used to assess the glycolytic energy system, and the VO2 max test or Maximal Aerobic Power Test is used to assess the oxidative energy system.

a. To test the ATP/CP energy system, a common test used is the Wingate Anaerobic Test. This test involves a short duration and high-intensity cycling sprint. The individual pedals as fast as possible against a high resistance for 30 seconds. The test measures the peak power output and anaerobic capacity of the ATP/CP system.

b. To test the glycolytic energy system, a common test used is the Maximal Anaerobic Power Test. This test typically involves performing high-intensity exercises, such as a maximal effort sprint or a repeated sprint protocol, with short recovery periods. The test measures the individual's ability to produce energy through the glycolytic system and assesses their anaerobic power and capacity.

c. To test the oxidative energy system, a common test used is the VO2 max test or the Maximal Aerobic Power Test. This test typically involves performing activities such as running on a treadmill or cycling on an ergometer at progressively increasing intensities until exhaustion. The test measures the maximal oxygen uptake (VO2 max) and provides information about an individual's aerobic capacity and endurance performance.

In summary, the Wingate Anaerobic Test is used to assess the ATP/CP energy system, the Maximal Anaerobic Power Test is used to assess the glycolytic energy system, and the VO2 max test or Maximal Aerobic Power Test is used to assess the oxidative energy system.

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can someone please help me answer these?

Answers

Answer: w+x=90

z=y+90

Step-by-step explanation: because the sum of the inner angles of triangle is 180. given that one angle is 90 degrees the sun of x and w has to be 180-90=90

for the second part, you have to use the triangle exterior angle theorem: an exterior angle of a triangle is equal to the sum of the opposite interior angles. The opposite interior angles in this case is 90 degrees and y

f(x)=x^2. what is g(x)

a. g(x)=4x^2
b. g(x)=1/4x^2
c. g(x)=(4x)^2
d. g(x)=16x^2​

Answers

Answer:

Suppose we add up alternate Fibonacci numbers, Fn-1 + Fn+1; that is, what do ... L(1)=1 and L(3)= 4 so their sum is 5 whereas F(2)=1; L(2)=3 and L(4)= 7 so their ... What is the relationship between F(n-2), and F(n+2)? You should be able to find a ... Fib(N); K (an EVEN number!), Lucas(K) and Fib(K) in each expression like ...

i

Step-by-step explanation:

On the first day of the fiscal year, a company issues a $3,000,000, 11%, five-year bond that pays semiannual interest of $165,000 ($3,000,000 × 11% × ½), receiving cash of $2,889,599.

Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank.

Answers

On the first day of the fiscal year, a company issued a $3,000,000, 11%, five-year bond that pays semiannual interest of $165,000 ($3,000,000 × 11% × ½), receiving cash of $2,889,599.The journal entries are as follows: July 1Cash Dr2895499Discount on Bonds Payable Dr 10501Bond Payable Cr 3,000,000To record issuance of bond July 31

Interest Expense Dr 165001 Discount on Bonds Payable Dr8751Cash Cr173250To record interest payment ($3,000,000 * 11% * 6/12) - $10501 = $165001 - $8751 = $173,250 December 31 Interest Expense Dr 181501 Discount on Bonds Payable Dr 8581Cash Cr 173250To record interest payment ($3,000,000 * 11% * 6/12) - $7670 = $181501 - $8581 = $173,250Amortization of discount for the first interest period is $10,501 ($173,250 - $165,000). The total discount of $10501 is amortized over the life of the bond, and it will be amortized over 10 interest periods ($10501/10) = $1,050 per period. The journal entry for the bond discount amortization would be:July 31Interest Expense Dr165001Discount on Bonds Payable Dr8751Bond Discount Amortization Dr1050Cash Cr173250The following journal entry for bond discount amortization is on December 31:Interest Expense Dr181501Discount on Bonds Payable Dr8581Bond Discount Amortization Dr1198Cash Cr173250This process will continue until the end of the bond life.

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The complete journal entry for the first interest payment and bond discount amortization would be:

Interest expense Dr. $165,000

Bond discount amortization Dr. $5,520

Cash Cr. $168,520 (rounded to the nearest dollar)

Firstly, let's determine the amount of bond discount.

Bond discount is the difference between the face value of a bond and the amount at which it is sold. Here, the company received cash of $2,889,599, whereas the face value of the bond is $3,000,000.

So, the bond discount is: Face value of bond - Cash received

= $3,000,000 - $2,889,599

= $110,401

Now, let's journalize the first interest payment and the amortization of the related bond discount. The bond has a semi-annual interest rate of 11%, so the first interest payment is: $3,000,000 × 11% × 1/2

= $165,000

The journal entries would be: Interest expense Dr. $165,000

Bond discount amortization Dr. $2,920 Cash Cr. $168,920 (rounded to the nearest dollar)

The bond discount amortization is calculated using the straight-line method. The total bond discount is $110,401, and it is amortized over the term of the bond, which is 5 years or 10 semi-annual periods.

So, the bond discount amortization per period is:

Total bond discount / Total number of periods= $110,401 / 10

= $11,040.10 (rounded to the nearest cent)

This amount is amortized each period, along with the interest payment. So, the bond discount amortization for the first period is: $11,040.10 / 2

= $5,520.05 (rounded to the nearest cent)

Therefore, the complete journal entry for the first interest payment and bond discount amortization would be:

Interest expense Dr. $165,000

Bond discount amortization Dr. $5,520 Cash Cr. $168,520 (rounded to the nearest dollar)

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Consider the following theorem. Main Theorem. Assume that n is any positive integer. Then 7 Ik = n(n+1) 2 k%3D1 (a) Illustrate the main theorem for the values n =1,2,3, 4, 5, 6 and 7. value the sum k n(n+1) 2 Does the IM k=1 of n theorem hold? 1 2 3 4 5 6 7 (b) State the Induction Step Theorem for n = 64, and prove it. Use a direct proof.
(c) State the Induction Step Theorem for n = 583, and prove it. Using direct proof
(d) Assume that N is any positive integer. State the Induction Step Theorem for the value n = N, and prove it.
(e) Explain in English in a few sentences in your own words why the proof of the induction step in d) combined with the verification of several base cases in a) complete the proof of the Main Theorem.

This is all one question based on the same main theorem

Answers

(a) The main theorem states that the sum of terms in the given sequence satisfies the equation n(n+1)/2 for various values of n.

(b) The induction step theorem for n = 64 states that if the main theorem holds for n = k, it also holds for n = k + 1.

(c) The induction step theorem for n = 583 states that if the main theorem holds for n = k, it also holds for n = k + 1.

(d) The induction step theorem for n = N states that if the main theorem holds for n = k, it also holds for n = k + 1.

(e) The combination of the induction step in (d) and verification of base cases in (a) completes the proof of the main theorem for all positive integers.

(a) The main theorem states that for any positive integer n, the sum of the terms k=1 to n of the sequence n(n+1)/2 is equal to n(n+1)/2.

Illustrating the main theorem for different values of n:

For n = 1: The sum is 1(1+1)/2 = 1, which holds true.

For n = 2: The sum is 2(2+1)/2 = 3, which holds true.

For n = 3: The sum is 3(3+1)/2 = 6, which holds true.

For n = 4: The sum is 4(4+1)/2 = 10, which holds true.

For n = 5: The sum is 5(5+1)/2 = 15, which holds true.

For n = 6: The sum is 6(6+1)/2 = 21, which holds true.

For n = 7: The sum is 7(7+1)/2 = 28, which holds true.

(b) The Induction Step Theorem for n = 64 states that if the main theorem holds for n = k, then it also holds for n = k + 1.

To prove it, assume that the main theorem holds for n = k, i.e., the sum of k terms is k(k+1)/2.

Then, we need to show that the sum of (k+1) terms is (k+1)((k+1)+1)/2 = (k+1)(k+2)/2.

By adding the (k+1)th term to the sum of k terms, we get (k(k+1)/2) + (k+1) = (k+1)(k+2)/2, which is the desired result.

(c) The Induction Step Theorem for n = 583 states that if the main theorem holds for n = k, then it also holds for n = k + 1.

To prove it, assume that the main theorem holds for n = k, i.e., the sum of k terms is k(k+1)/2.

Then, we need to show that the sum of (k+1) terms is (k+1)((k+1)+1)/2 = (k+1)(k+2)/2.

By adding the (k+1)th term to the sum of k terms, we get (k(k+1)/2) + (k+1) = (k+1)(k+2)/2, which is the desired result.

(d) The Induction Step Theorem for n = N states that if the main theorem holds for n = k, then it also holds for n = k + 1.

To prove it, assume that the main theorem holds for n = k, i.e., the sum of k terms is k(k+1)/2.

Then, we need to show that the sum of (k+1) terms is (k+1)((k+1)+1)/2 = (k+1)(k+2)/2.

By adding the (k+1)th term to the sum of k terms, we get (k(k+1)/2) + (k+1) = (k+1)(k+2)/2, which is the desired result.

(e) The proof of the induction step in (d) combined with the verification of several base cases in (a) completes the proof of the Main Theorem because it establishes that the theorem holds for all positive integers. The induction step shows that if the theorem holds for any positive integer, it also holds for the next integer. By verifying the base cases, we ensure that the theorem holds for the initial integers. Therefore, by the principle of mathematical induction, the theorem holds for all positive integers.

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What is the area of the triangle with vertices at (1,1), (3,4) and (5,2)?

7 square units
10 square units
14 square units
5 square units

Answers

the answer is c, 14 square units

I need help I’ll appreciate if you help thank you

Answers

Answer:

b

Step-by-step explanation:

u start at (0,9.5) and with every increasing x value the y value is decreasing by .5 units

A sphere has a diameter of 4(x+3) centimeters and a surface area of
784 square centimeters. Find the value of x.

Answers

Answer:

78 square centimeters

Step-by-step explanation:

A survey was conducted that asked 967 people how many books they had read in the past year Results indicated that x = 14.8 books and s-16.5 books. Construct a 98confidence Interval for the mean number of books people read. Interpret the interval Construct a 98% confidence interval for the mean number of books people road and interpret the result Select the correct choice below and fill in the answer boxes to complete your choice. (Use ascending order. Round to two decimal places as needed) O A repeated samples are taken, 98% of them will have a sample mean between and OB. There is 98% confidence that the population mean number of books road is between and OC. There is a 98% probability that the true mean number of books road in between and

Answers

A 98% confidence interval for the mean number of books people read is (13.76, 15.84).

The given data is: x = 14.8 books, s = 16.5 books, n = 967. Here, we need to find the 98% confidence interval for the mean number of books people read. Now, we know that the confidence interval can be calculated by the formula:

CI = x ± Z_(α/2) (σ/√n), where Z_(α/2) is the z-score value at α/2 level of significance.

Let's calculate the Z_(α/2):

α = 1 - 0.98 = 0.02

α/2 = 0.02/2 = 0.01

`The area in the right tail will be: 0.01 + 0.98 = 0.99 from the z-table.

Looking at the z-table, the corresponding z-score for 0.99 will be "2.33". So, Z_(α/2) = 2.33

Putting all the values in the formula: CI = 14.8 ± 2.33 (16.5/√967)

Calculating this: CI = 14.8 ± 1.96 (0.53)

So, CI = (13.76, 15.84)

Hence, a 98% confidence interval for the mean number of books people read is (13.76, 15.84). The correct choice is: There is 98% confidence that the population mean number of books road is between 13.76 and 15.84.

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