Write the number in scientific notation.
2 answers:
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Answer:
The 99% confidence interval for the mean commute time of all commuters in Washington D.C. area is (22.35, 33.59).
Step-by-step explanation:
The (1 - <em>α</em>) % confidence interval for population mean (<em>μ</em>) is:
Here the population standard deviation (σ) is not provided. So the confidence interval would be computed using the <em>t</em>-distribution.
The (1 - <em>α</em>) % confidence interval for population mean (<em>μ</em>) using the <em>t</em>-distribution is:
Given:
*Use the <em>t</em>-table for the critical value.
Compute the 99% confidence interval as follows:
Thus, the 99% confidence interval for the mean commute time of all commuters in Washington D.C. area is (22.35, 33.59).
Answer:
11.5
Step-by-step explanation:
Simple interest formula:
where
I = interest
P = principal
r = rate
t = time
In your case,
P = $4,000
I = $4,920 - $4,000 = $920
t = 2 years
So,
The rate as decimal is 0.115 that is 11.5% as percent