Answer: 
Step-by-step explanation:
Given : Significance level : 
Critical value : 
Sample size : n=1305
The proportion of tenth graders read above the eighth grade level. =
The confidence interval for population proportion is given by :-

Hence, the 99% confidence interval for the population proportion of tenth graders reading at or below the eighth grade level is (0.771,0.829) .
Since this is a compound interest problem, you have to take note that the amount Catherine will get per year is not the same. It will increase per year since it is compounded. So first, we get the amount after one year. This will be 7000 x 0.04 which is 280 plus 7280. In the second year, she will get 7571 (7280 x 0.04 + 7280). In the third year, she will get 7874 (7571 x 0.04 + 7571). In the fourth year, she will get 8189 (7874 x 0.04 + 7874). And finally in the fifth year, she will get 8517 (8189 x 0.04 +8189). So after five years, she has 8517
My English is not that great but if I got it right the answer is 3
It will be smaller than 1/4.
The reason being that 7/8 is a fraction which is less than 1, and that it can only be greater than 1/4 when the multiplying number, is a number which is greater than 1.
Note: When a positive number is multiplied by a number which is less than 1, it makes the positive number to be smaller and
When a positive number is multiplied by a number which is greater than 1, it makes the positive number to be bigger.