A box of Ritz crackers is $2.59 and contains 24 servings. What is the price per EACH serving?
2 answers:
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For a known standard deviation, the confidence interval for sample size = n is
where
x = average
n = sample size
= stad. deviation
z = contant that reflects confidence interval
Let a = x
Let b =
From the given information,
a - b = 0.432 (1)
a + b = 0.52 (2)
Add (1) and (2): 2a = 0.952 => a = 0.476
Subtract (2) from (1): -2b = -0.088 => b = 0.044
Therefore, the confidence interval may be written as
(0.476 - 0.044, 0.476 + 0.044), or as
(0.476
0.044)
where
x = average
n = sample size
z = contant that reflects confidence interval
Let a = x
Let b =
From the given information,
a - b = 0.432 (1)
a + b = 0.52 (2)
Add (1) and (2): 2a = 0.952 => a = 0.476
Subtract (2) from (1): -2b = -0.088 => b = 0.044
Therefore, the confidence interval may be written as
(0.476 - 0.044, 0.476 + 0.044), or as
(0.476
Answer:
Rs 42000 and Rs 40000
Step-by-step explanation:
Given that Rs 82000 is divided into two parts.
Let the first part be Rs x which is compounded annually at the interest of 5% per annum for 2 years.
The rate of interest = 5%=0.05
The total amount after 2 years
The other part is Rs 82000-x which is compounded annually at the interest of 5% per annum for 3 years.
The total amount after 3 years
As both the amounts are equal, so from equation (i) and (ii)
x= 42000
And the other part = 82000-42000 = Rs 40000
Hence, he divides the money as
Rs 42000 at 5% per annum compound interest in 2 years and
Rs 40000 at 5% per annum compound interest in 3 years.