Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Answer:
95% confidence for µ, the average number of times a horse races
(12.493 , 18.107)
Step-by-step explanation:
<u>Explanation</u>:-
The veterinarian finds that the average number of races a horse enters is 15.3
The mean of the sample x⁻ = 15.3
Given standard deviation of the sample 'S' = 6.8
Given sample size 'n' = 25
Degrees of freedom = n-1 =25-1 =24
The tabulated value 't' = 2.064 at two tailed test 0.95 level of significance
<u> 95% confidence for µ, the average number of times a horse races</u>
<u></u><u></u>
<u></u><u></u>
(15.3 - 2.80704 ,15.3 +2.80704)
(12.493 , 18.107)
<u>Conclusion</u>:-
95% confidence for µ, the average number of times a horse races
(12.493 , 18.107)