You and your friend decide throw a scrabble pizza party. You don't know how many pizzas to order, so you want to obtain an estimate of slices each person would eat. You perform a poll of ten randomly selected patrons to see how many slices they each ate. Their responses are Their responses are denoted Xi, i=1,...,10, and X=1/10 ∑10i=1Xi=4.3
s2=19∑10i=1(Xi−X)2=2.7

Assuming that the Xs are i. i.d. normal, construct a 95 confidence interval for the mean of the Xs.

1. Lower bound a
2. Upper bound b

How many patrons would you have had to poll to limit the width of the confidence interval to one slice?

step-by-step explanation: so we look at the formula un = a + (n-1)d

un is the amount of seats

n is the nth term aka row number

a is the original sequence/row number

d is the difference between each term

so in this a=22 d=6 and n can remain as n because we are simply formjng a rule

lets put these in the equation

un=22+(n-1)(6)

this is your answer to part a

however

lets double check that this is correct, we'll try putting it into the second term

un=a+(n-1)d

u2=22+(2-1)(6)

u2=22+6

u2=28

as the question said the second row has 28 seats so now we know the formula we made is correct.

as for part b

un=a+(n-1)

its asking us to find a row with 100 seats.

remember un was the amount of seata so all we do is substitute this in.

un=100 a=22 d=6

un=a+(n-1)d

100=22+(n-1)(6)

so now we simplify to find n which is the row number.

100-22=22+(n-1)(6)-22

78=(n-1)(6)

78/6=(n-1)(6)/6

13=n-1

13+1=n-1+1

14=n

so now we know that in the 14th row there is 100 seats.

hope this and that you understood! its my first time using the app or anyone out on here : p its also me to revise so a bunch! ask more questions if you dont understand ☺

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.