A deposit of $20,000 is placed in a scholarship fund that earns an annual interest rate of 2.25% compounded daily. Find the valu
e in dollars of the accountt after 5 years. Round answer to the nearest cent.
1 answer:
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Answer:
Step-by-step explanation:
According to the empirical rule, the 95% confidence interval for the true population proportion is given by :-
Given : . The survey resulted in a sample proportion of p′=0.14, with a sampling standard deviation of σp′=0.02, who preferred reading an e-book.
Then, the 95% confidence interval for the true proportion of adults who prefer e-books will be :-
Hence, the 95% confidence interval for the true proportion of adults who prefer e-books=