1.) A.
2.) B.
3.) A. 33 degrees
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Answer:
three times x to the power of four
A point is 1% of your borrowed amount on a mortgage.
mortgage loan = 175,000
175,000 x 1% = 1,750 per point
1750 x 2 = 3,500 is the amount paid for the 2 points.
Answer:
a) Mean = 0.75
b) Standard error = 0.051
c) Yes
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 50
Sample proportion , p = 0.15
a) Mean

b) Standard error

c) Application of central limit theorem
Since the sample size is larger than 30, we cam apply central limit theorem for normal approximation.
The 2-point form of the equation of a line is
.. y = (y2 -y1)/(x2 -x1)*(x -x1) +y1
For your points (x1, y1) = (0, 3) and (x2, y2) = (3, 5), this is
.. y = (5 -3)/(3 -0)*(x -0) +3
.. y = (2/3)x +3
Written as a function, it is
.. f(x) = (2/3)x +3