Suppose that the wait times for patients in an emergency room are normally distributed with an unknown mean and standard deviation. A random sample of 18 patients is taken and gives a sample mean of 25 minutes and a sample standard deviation of 2 minutes. Use a calculator to find a 95% confidence interval estimate for the population mean using the Student's t-distribution. Round the final answers to two decimal places.

How to solve it and what thw answer is

Aschool typically sells 500 yearbooks each year for 50 dollars each. the economic calls does a project and discovers that they can sell 100 more yearbooks for every $5 decrease in price. the revenue for yearbook sales is equal to the number of yearbooks sold times the price of the yearbook. let x represent the number of $5 decrease in price. if the expression that represents the revenue is written in the form r(x)=(500+ax)(50-bx). to maximize profit, what price should the school charge for the yearbooks? what is the possible maximum revenue? if the school attains the maximum revenue, how many yearbooks will they sell?

Which of the following are parts of a sphere