Answer:
280 mangoes
Step-by-step explanation:
sum the parts of the ratio, 7 + 11 = 18 parts
Divide the total by 18 to find the value of one part of the ratio.
720 ÷ 18 = 40 ← value of 1 part of the ratio , then
7 × 40 = 280 ← number of mangoes
If you would like to know what is the sum of 667 and 23, you can calculate this using the following steps:
the sum of 667 and 23:
667 + 23 = 690
The correct result would be B. 690.
A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
