Answer:
The range of values likely to contain the true value of the population parameter is between 44% and 52%.
Step-by-step explanation:
Confidence interval concepts:
A confidence interval has two bounds, a lower bound and an upper bound.
These bounds are dependent of the sample mean and of the margin of error.
The lower bound is the sample mean subtracted by the margin of error, while the upper bound is the margin of error added to the sample mean.
The confidence interval is likely to contain the true value of the population parameter.
In this question:
Sample mean: 48%
Margin of error: 4%
48 - 4 = 44%
48 + 4 = 52%
The range of values likely to contain the true value of the population parameter is between 44% and 52%.
67+52+x=180
119+x=180
x=61
hope this helps!
the equation to be used would be x=180-(67+52)
Answer:
8.31 weeks
Step-by-step explanation:
Given that the cost of one share of Apple stock, C=$120
Rate is the increment of the stock value, R= 5%/week=0.05 / week.
Assuming that after t week, the stock has been sold for $180.
Since the stock value increased at 5% every week, so, the interest is compounded weekly, so
[taking log both sides]
weeks
Hence, after 8.31 weeks the stock has been sold for $180.
