Stan wants to start an ira that will have $250,000 in it when he retires in 25 years. how much should he invest semiannually in
1 answer:
You might be interested in
Answer:
The 95% confidence interval for the population mean daily protein intake is between 69.97g and 84.03g.
Step-by-step explanation:
We have that to find our level, that is the subtraction of 1 by the confidence interval divided by 2. So:
Now, we have to find z in the Ztable as such z has a pvalue of .
So it is z with a pvalue of , so
Now, find M as such
In which is the standard deviation of the population and n is the size of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 77 - 7.03 = 69.97g.
The upper end of the interval is the sample mean added to M. So it is 77 + 7.03 = 84.03g.
The 95% confidence interval for the population mean daily protein intake is between 69.97g and 84.03g.