A store is having a 60% off sale. the sale price of an item is 125. what is the list price ?
2 answers:
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Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Answer:
The margin of error for this estimate is of 14.79 yards per game.
Step-by-step explanation:
We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.
T interval
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 20 - 1 = 19
95% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 19 degrees of freedom(y-axis) and a confidence level of . So we have T = 2.093
The margin of error is:
In which s is the standard deviation of the sample and n is the size of the sample.
You randomly select 20 games and see that the average yards per game is 273.7 with a standard deviation of 31.64 yards.
This means that
What is the margin of error for this estimate?
The margin of error for this estimate is of 14.79 yards per game.