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slega [8]
3 years ago
9

True or False: All investments eventually increase in value if held long enough.

Mathematics
2 answers:
Amanda [17]3 years ago
7 0
That is false. All investments do not increase.
Ratling [72]3 years ago
6 0
False is the right answer because some investmants can fail.
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3 years ago
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The owner of a shopping mall wants an estimate of the lengthof
Flauer [41]

Answer:

A sample size of at least 87 will be needed.

Step-by-step explanation:

We have that to find our \alpha level, that is the subtraction of 1 by the confidence interval divided by 2. So:

\alpha = \frac{1-0.98}{2} = 0.01

Now, we have to find z in the Ztable as such z has a pvalue of 1-\alpha.

So it is z with a pvalue of 1-0.01 = 0.99, so z = 2.325

Now, find M as such

M = z*\frac{\sigma}{\sqrt{n}}

In which \sigma is the standard deviation of the population and n is the size of the sample.

In this problem, we have that:

M = 5, \sigma = 20

So

M = z*\frac{\sigma}{\sqrt{n}}

5 = 2.325*\frac{20}{\sqrt{n}}

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n = 86.49

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4 0
3 years ago
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