Mo puts $1,600.00 into savings bonds that pay a simple interest rate of 3.5%. How much money will the bonds be worth at the end
1 answer:
You might be interested in
Answer:
The 95% confidence interval estimate of the population mean rating for Miami is (6.0, 7.5).
Step-by-step explanation:
The (1 - <em>α</em>)% confidence interval for the population mean, when the population standard deviation is not provided is:
The sample selected is of size, <em>n</em> = 50.
The critical value of <em>t</em> for 95% confidence level and (<em>n</em> - 1) = 49 degrees of freedom is:
*Use a <em>t</em>-table.
Compute the sample mean and sample standard deviation as follows:
Compute the 95% confidence interval estimate of the population mean rating for Miami as follows:
Thus, the 95% confidence interval estimate of the population mean rating for Miami is (6.0, 7.5).