What’s the equation given ?
Answer:
Correct option: (a)
Step-by-step explanation:
A confidence interval is an interval estimate of the parameter value.
A (1 - <em>α</em>)% confidence interval implies that the confidence interval has a (1 - <em>α</em>)% probability of consisting the true parameter value.
OR
If 100 such confidence intervals are made then (1 - <em>α</em>) of these intervals would consist the true parameter value.
The 92% confidence interval for the mean annual phone charge of all Vopstra customers is:
This confidence interval implies that true mean annual phone charge of all Vopstra customers is contained in the interval ($405, $535) with 0.92 probability.
Thus, the correct option is (a).
Answer:
Step-by-step explanation:
ayooo u on a real test
C)
10hrs will get around 105 salaries
90hrs get 840+105=945
95 hours get 945+(105/2)=997.5
100 hours get 945+105=1050
Answer: the account earns interest of $40.16
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 875.83
r = 9% = 9/100 = 0.09
n = 12 because it was compounded 12 times in a year.
t = 6 months = 6/12 = 0.5 year
Therefore,.
A = 875.83(1+0.09/12)^0.5 × 12
A = 875.83(1+0.0075)^6
A = 875.83(1.0075)^6
A = 915.99
The interest that she earns is
915.99 - 875.83 = $40.16