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skad [1K]
2 years ago
11

Laree is buying a car that costs 4,155. she has 1,575 and will borrow the rest from her parents. will payments of 225 per month

pay off her loan in one year
Mathematics
1 answer:
Natasha_Volkova [10]2 years ago
5 0
The car cost $4,155 and she has $1,575 so $4,155-$1,575=$2,580as the balanced owed if she borrows the rest from her parents and has a one year to pay it off it will be paid off because her payments are $225 a month for one year  at 225x12=$2,700 its a little over but it will be paid off
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Answer:

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Therefore at 99% confidence interval (a,b) = ( 0.93 , 2.07)

Critical value z(at 99% confidence) = z(0.005) = 2.58

Step-by-step explanation:

Confidence interval can be defined as a range of values so defined that there is a specified probability that the value of a parameter lies within it.

The confidence interval of a statistical data can be written as.

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Given that;

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Confidence interval = 99%

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Substituting the values we have;

1.5+/-2.58(0.58/√7)

1.5+/-2.58(0.2192)

1.5+/-0.565536

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Therefore at 99% confidence interval (a,b) = ( 0.93 , 2.07)

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3 years ago
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Answer:

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3 years ago
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2 years ago
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