Answer:
There is a 95% probability that the portfolio would not loose more than 30% of its value.
Step-by-step explanation:
The confidence interval for proportions (<em>p</em>) is:

The information provided is:

For 95% confidence level the critical value of <em>z</em> is:

The 95% confidence interval for average annual return is:

The lower limit of the 95% confidence interval is -28%.
This implies that the portfolio would not loose more than 28% of its value.
Thus, there is a 95% probability that the portfolio would not loose more than 30% of its value.
Answer:
4 2/7
Step-by-step explanation:
- x * 9 4/5 = 42
- x * 49/5 = 42
- x = 42 : 49/5
- x = 42 * 5/49
- x = 30 /7
- x = 4 2/7
9,250 is the answer i believe
Answer:
Pool K cost equation : 30 + 5V , Pool M cost equation : 10 + 10V
Pool K slope & intercept = 30 & 5 , Pool M slope & intercept = 10 & 10
Step-by-step explanation:
Total cost [Pool] = Fixed (membership) cost + Variable cost (per visit)
<u>Intercept</u> is part at which equation line intersects x or y axis. In pools case, it is fixed (membership) cost. <u>Slope </u> is change in y due to change in x. In pools case, it is variable cost (per visit)
Pool K cost equation : 30 + 5V , Pool M cost equation : 10 + 10V
where V = number of visits.
Pool K slope & intercept = 30 & 5 , Pool M slope & intercept = 10 & 10