Answer:
3 4/5
Step-by-step explanation:
Answer:
99% confidence interval for the population average examination score is between a lower limit of 69.2872 and an upper limit of 82.7128.
Step-by-step explanation:
Confidence interval = mean +/- margin of error (E)
mean = 76
variance = 144
sd = sqrt(variance) = sqrt(144) = 12
n = 25
degree of freedom (df) = n - 1 = 25 - 1 = 24
confidence level (C) = 99% = 0.99
significance level = 1 - C = 1 - 0.99 = 0.01 = 1%
t-value corresponding to 24 df and 1% significance level is 2.797
E = t×sd/√n = 2.797×12/√25 = 6.7128
Lower limit = mean - E = 76 - 6.7128 = 69.2872
Upper limit = mean + E = 76 + 6.7128 = 82.7128
99% confidence interval is (69.2872, 82.7128)
322.788 is the answer to your ?
Answer:
<h2> 7.3%</h2>
Step-by-step explanation:
Using the formula for calculating the simple interest to get the rate of return;
Simple Interest = Principal * Rate * Time/100
Given Principal = $450,
Time (in years) = 1 year
Simple interest = $32.75
Rate (in %) =?
Substituting the given values in the given formula to get the rate;
32.75 = 450*1*R/100
450R = 3275
R = 3,275/450
R = 7.3%
The rate of return is 7.3%