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viva [34]
3 years ago
9

Hospital administrators wish to learn the average length of stay of all surgical patients. a statistician determines that, for a

95% confidence level estimate of the average length of stay to within +/- 0.5 days, 50 surgical patients' records will have to be examined. how many records should be looked at to obtain a 95% confidence level estimate to within +/- 0.25 days?
Business
1 answer:
Setler [38]3 years ago
7 0

20,000 records should be looked

Solution:

Solve for s :  50 = [1.96*s/0.5]

25 = 1.96s

s = 12.75

Solve for "n":  n = [1.96*12.75/0.25]^2

n = [100]^2

n = 20,000

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Helga [31]

The future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is <u>$28,981.85.</u>

<h3>What is the future value?</h3>

The future value shows the value that a present value will be in a future period, given the time value of money concept.

The future value can be computed using the future value formula, future value table, or an online finance calculator as below.

<h3>Data and Calculations:</h3>

Price of a car today = $25,000

Period to buy the car = 5 years

Inflation rate per year = 3%

Future value factor of 3% for 5 years = 1.159

Future price of the car in 5 years' time = $28,975 ($25,000 x 1.159)

N (# of periods) = 5 years

I/Y (Interest per year) = 3%

PV (Present Value) = $25,000

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $28,981.85

Total Interest $3,981.85

Thus, the future value of the car that costs $25,000 today in 5 years at an inflation rate of 3% per year is <u>$28,981.85.</u>

Learn more about future value computations at brainly.com/question/989421

5 0
2 years ago
Who can answer this?
lesantik [10]

Answer:

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Explanation:

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7 0
3 years ago
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Mumz [18]

Answer: They have no internal power supply.

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8 0
3 years ago
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Eddi Din [679]

Answer:

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5 0
3 years ago
IS THE ANSWER STILL A OR IS IT SOMETHING ELSE
miv72 [106K]
You do not have a question posted, so we cannot answer.
3 0
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