Answer:
-46.91%
Step-by-step explanation:
Given:
Cost of buying the shares = $53,500
Selling cost of the shares = $3,300
Number of years = 2
Since the selling cost is less than the buying cost, therefore the statement for the loss can be verified
Now,
The loss = Selling cost - cost of buying = $3,300 - $53,500 = - $50,200
thus, the loss per year =
= -$25100
Hence,
Rate of return = 
or
Rate of return = 
or
Rate of return = -46.91%
Answer:
<u>(3 </u>x 6) + (2 x<u> 6)</u>
Step-by-step explanation:
Answer:
One can be 95% confident that the drive-through service times of fast-food chain is between 169 seconds and 172 seconds.
Step-by-step explanation:
The confidence interval gives a range of value for the population mean or parameter, which is calculated from the statistic value of the data (that is sample statistic). This range gives the interval which is associated with a certain level of confidence for which the interval will contain the true value of the unknown parameter (true value). In the scenario above, the associated confidence level is 95%.Hence, we can be 95% confident that the true value will be continued with the interval (169 ; 172)
Answer:
Step-by-step explanation:
1 = 27
2 = 36
2 = 1,000