Answer:
We are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%
Step-by-step explanation:
-From the given information,
.
-We calculate the confidence interval using this value at 95% confidence level:
![CI=\hat p\pm z \sqrt{\frac{\hat p(1-\hat p)}{n}}\\\\\\=0.65\pm 1.96\times \sqrt{\frac{0.65\times 0.35}{12000}}\\\\\\=0.65\pm 0.0085\\\\\\=[0.6415,0.6585]](https://tex.z-dn.net/?f=CI%3D%5Chat%20p%5Cpm%20z%20%5Csqrt%7B%5Cfrac%7B%5Chat%20p%281-%5Chat%20p%29%7D%7Bn%7D%7D%5C%5C%5C%5C%5C%5C%3D0.65%5Cpm%201.96%5Ctimes%20%5Csqrt%7B%5Cfrac%7B0.65%5Ctimes%200.35%7D%7B12000%7D%7D%5C%5C%5C%5C%5C%5C%3D0.65%5Cpm%200.0085%5C%5C%5C%5C%5C%5C%3D%5B0.6415%2C0.6585%5D)
So, the 95% confidence interval is (0.6515,0.6585).
Hence, we are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%.
X/a=0.5
y/a=0.5
X+y/a
a=2
X=1
y=1
x+y=a(1)
1+y=2(1)
y=2-1
y=1
I don’t see anything is there supposed to be a picture or?
Answer: B) $4,000
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
Considering Cathy's loan,
P = $20,000
R = 5.2%
T = 10 years
I = (20000 × 5.2 × 10)/100
I = $10400
Considering Steven's loan,
P = $20,000
R = 4.8%
T = 15 years
I = (20000 × 4.8 × 15)/100
I = $14400
The difference between the amounts of interest Cathy and Steven paid for their loans is
14400 - 10400 = $4000