Answer: 18,000
Step-by-step explanation: 10,000 borrowed + the 4% earned x the amount paid within 20 years
y + 8 = 1/3 (x+6)
With the given information, we can use the point-slope formula, , to write the equation of the line. Substitute values for the , , and in the formula to do so.
The represents the slope, so substitute in its place. The and represent the x and y values of one point the line intersects, so substitute -6 for and -8 for . This gives the following answer and equation (just make sure to convert the double negatives into positives:
Answer:
D
Step-by-step explanation:
Answer:
Explained below.
Step-by-step explanation:
(1)
The confidence level is, 91%.
Compute the value of α as follows:

(2)
As the population standard deviation is provided, i.e. <em>σ</em> = 256 psi, the <em>z</em> value would be appropriate.
The <em>z</em> value for α = 0.09 is,
<em>z</em> = 1.69
(3)
Compute the 91% confidence interval as follows:


(4)
The 91% confidence interval for population mean implies that there is a 0.91 probability that the true value of the mean is included in the interval, (2942.29, 3057.71) psi.