Shawn's Breakfast Goodies recently sold 3 blueberry muffins and 3 other muffins. What is the experimental probability that the n
1 answer:
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Answer:
The amount the car will be worth after 6 years is £21,917 and 22 pence
Step-by-step explanation:
The amount for which Colin buys the car, PV = £28,100
The amount by which the car depreciates each year, r = 4%
The number of years after which the value of the car is sought, n = 6 years
The future value, FV, based on an annual depreciation is given as follows;
Substituting the known values gives;
Therefore, the amount the car will be worth after 6 years, future value FV₆ = £21,917 and 22 pence
Answer:
The 90% confidence interval for p is (0.8236, 0.9564). The upper confidence limit for p is 0.9564.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
He discovers that a particular weed killer is effective 89% of the time. Suppose that this estimate was based on a random sample of 60 applications.
This means that
90% confidence level
So , z is the value of Z that has a pvalue of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 90% confidence interval for p is (0.8236, 0.9564). The upper confidence limit for p is 0.9564.