Answer:
Tyrone paid the higher markup rate.
Step-by-step explanation:
Tyrone and Terri both bought sofas with installment loans.
Tyrone bought his own with a sticker price of $1350 by paying $74 a month for 24 months. Therefore,
74 × 24 = $1776
The mark up = $1776 - $1350 = $426
Tyrone markup rate = 426/24 = $17.75 per month
Terri bought his own with sticker price of $950 by paying $52 a month for 24 months. Therefore,
52 × 24 = $1248
mark up = $1248 - $950 = $298
Terri markup rate = 298/24 = $12.4166666667 = $12.42 per month
The confidence interval would be (10.44, 12.16). This means that if we take repeated samples, the true mean lies in 90% of these intervals.
To find the confidence interval, we use:

We first find the z-value associated with this. To do this:
Convert 90% to a decimal: 90% = 90/100 = 0.9
Subtract from 1: 1-0.9 = 0.1
Divide by 2: 0.1/2 = 0.05
Subtract from 1: 1-0.05 = 0.95
Using a z-table (http://www.z-table.com) we see that this is directly between two z-scores, 1.64 and 1.65; we will use 1.645:
4 + 3 * (7 - 2)
4 + 3 * 5
4 + 15
19 <==
Answer:
its 79 k(kkkkkkkkkkkkkkkkk