Answer:
Option A. ; grows approximately at a rate of 0.4% daily
Step-by-step explanation:
we have
where
f(x) the number of weeds in the garden
x ----> the number of weeks
Calculate how quickly the weeds grow each day
Remember that a week is equal to seven days
so
Using the law of exponents
b^(x/a) = b^(x*(1/a)) = (b^(1/a))^x
so
therefore
The rate is approximately
1.04=1+r
r=1.04-1=0.04=4% daily
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Answer:
Step-by-step explanation:
Hello!
There are two variables of interest:
X₁: number of college freshmen that carry a credit card balance.
n₁= 1000
p'₁= 0.37
X₂: number of college seniors that carry a credit card balance.
n₂= 1000
p'₂= 0.48
a. You need to construct a 90% CI for the proportion of freshmen who carry a credit card balance.
The formula for the interval is:
p'₁±
0.37±1.648*
0.37±1.648*0.015
[0.35;0.39]
With a confidence level of 90%, you'd expect that the interval [0.35;0.39] contains the proportion of college freshmen students that carry a credit card balance.
b. In this item, you have to estimate the proportion of senior students that carry a credit card balance. Since we work with the standard normal approximation and the same confidence level, the Z value is the same: 1.648
The formula for this interval is
p'₂±
0.48±1.648*
0.48±1.648*0.016
[0.45;0.51]
With a confidence level of 90%, you'd expect that the interval [0.45;0.51] contains the proportion of college seniors that carry a credit card balance.
c. The difference between the width two 90% confidence intervals is given by the standard deviation of each sample.
Freshmen:
Seniors:
The interval corresponding to the senior students has a greater standard deviation than the interval corresponding to the freshmen students, that is why the amplitude of its interval is greater.