Answer:
-2
Step-by-step explanation:
Hope this was helpful
For this problem, the confidence interval is the one we are looking
for. Since the confidence level is not given, we assume that it is 95%.
The formula for the confidence interval is: mean ± t (α/2)(n-1) * s √1 + 1/n
Where:
<span>
</span>
α= 5%
α/2
= 2.5%
t
0.025, 19 = 2.093 (check t table)
n
= 20
df
= n – 1 = 20 – 1 = 19
So plugging in our values:
8.41 ± 2.093 * 0.77 √ 1 + 1/20
= 8.41 ± 2.093 * 0.77 (1.0247)
= 8.41 ± 2.093 * 0.789019
= 8.41 ± 1.65141676
<span>= 6.7586 < x < 10.0614</span>
Answer:
$66.5
Step-by-step explanation:
The cost, including tax, amounts to $850.00.
Down payment =$150
Amount after paying down payment = $850-$150=$700
Interest rate = 14 %
So, interest on $700 = 
So, c = $98
Total payment = amount financed + c = 700+98=$798
Now Joe finances the grill over 12 months
So, no. of payments = 12
Now Monthly payment = Total of payments ÷ number of payments
=798 ÷ 12
=$66.5
Hence Joe's monthly payments (principal plus interest) is $ 66.5
Answer:
9 months
Step-by-step explanation:
3*12-27
36-27
9
I’m pretty sure it is $61.02