The purchasing power of Sandra's savings according to the description above has decreased.
<h3>What happens to the purchasing power of Sandra's savings?</h3>
It follows from the task content that Sandra's savings attracted an annual interest rate of 1% while the inflation is 2% per annum. On this note, it follows that Sandra's savings purchasing power has reduced as the prices of commodities have gone up and the interest rate is unable to match it.
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Answer:
x=17
Step-by-step explanation:
7x+10+3×=180
10x+10=180
-10. -10
10x/10=170/10
x=17
Answer:
For this case we need to check the conditions in order to use the normal approximation:
1) 
2) 
Since both conditions are satisfied and the independence condition is assumed we can use the normal approximation given by:

The mean would be given by:

And the deviation is given by:

Step-by-step explanation:
For this case we know the following info:
n =60 represent the sample size
represent the estimated proportion of people that will buy a packet of crackers after tasting
For this case we need to check the conditions in order to use the normal approximation:
1) 
2) 
Since both conditions are satisfied and the independence condition is assumed we can use the normal approximation given by:

The mean would be given by:

And the deviation is given by:
