Suppose 3/5 of your yard will be grass and the rest will be plants. You plant flowers in 3/4 of the plant area. What portion of
1 answer:
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Answer:
For this case a parameter represent the population data and for this case the parameter would be the true mean who represent the amount of gasoline they used in the previous week
And the sample mean is an unbiased estimator of the true mean.
Step-by-step explanation:
For this case a parameter represent the population data and for this case the parameter would be the true mean who represent the amount of gasoline they used in the previous week
And in order to estimate the parameter of interest we use a survey of n =3800 and the sample mean who represent an statistic is given by:
And we got:
And the sample mean is an unbiased estimator of the true mean.
Answer:
see the explanation
Step-by-step explanation:
we know that
step 1
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Applying property of exponents
step 2
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
Applying property of exponents
step 3
Compare the final amount
therefore
Find the difference
----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.