Answer:
The point estimate for the mean endowment of all private colleges in the United States is 180.2125 million dollars.
Step-by-step explanation:
We are given endowments (in millions of dollars) of eight private colleges in the United States:
78.8, 50.3, 243.2, 489, 111.5, 163.7, 92.4, 212.8
We have to find the point estimate of the population mean endowment of all private colleges in the United States.
The point estimate will be given by the sample mean.
Formula:
Thus, the point estimate is 180.2125 million dollars.
There are a couple of ways you can solve this. You can write it out like
(K-3)(K-3)(K-3)(K-3)(K-3)(K-3)(K-3)
And pretty much use the foil method
Or you can use the binomial theorem (google it if you dont know)
The solution should be:
(K^7) - 21(k^6) + 189(k^5) - 945(k^4) + 2835(k^3) - 5103(k^2) + 5103k - 2187
Answer:
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Step-by-step explanation:
Answer:
simplified will be 197/3040. as a decimal it is 0.06480263157
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Total amount = $5200
Annual interest rate=12%of $5200=
$624
Each month payment=$624/12=$52
Total interest over 5 years =$624×5=$3120
