Using confidence interval concepts, it is found that:
a) The point estimate is the sample mean.
b) The confidence interval is: 
c) If $1411 is between the bounds of the interval yes, otherwise no.
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- At item a, it asks to provide a point estimate for the population mean, which is the sample mean

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Item b:
- In the spreadsheet, it is possible to find the <em>standard deviation for the sample</em>, thus, the t-distribution is used.
- The confidence interval will be given by:

In which:
is the sample mean.- T is the critical value, from the t-distribution, with a two-tailed area of
and n-1 degrees of freedom. - s is the standard deviation for the sample.
- n is the sample size.
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Item c:
We have to check if 1411 is between
and
.
- If it is, the interval includes the National Average, otherwise, it does not.
A similar problem is given at brainly.com/question/24232455
Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Step-by-step explanation:Updated answer is the second one
11/21 would be the answer