Answer:
46 minutes (Answer B)
Step-by-step explanation:
One way of doing this is to realize that it's 14 minutes to 4 p.m. and then another 32 minutes past 4 p.m. Thus, the total elapsed time was
(14 + 32) minutes, or 46 minutes (Answer B)
The answer is C: Not likely, recurring debt is higher than what is allowed
We need to test the hypotheses:
The confidence interval for proportion is
.
Here
The z value to be used is 1.96.
The 95% CI is
.
Since 0.5 lies in the interval (0.488,0.543), we cannot reject the null hypothesis with 95% confidence.