Answer:
Using that sample, you calculate the corresponding sample characteristic, which is used to summarize information about the unknown population characteristic. The population characteristic of interest is called a parameter and the corresponding sample characteristic is the sample statistic or parameter estimate.
Step-by-step explanation:
If you collect a sample and calculate the mean and standard deviation, these are sample statistics.
Answer:
$ 297.87 interest
Step-by-step explanation:
Calculate the amount and the compound interest.
Amount = PNR Where P is Principal ; N is the no of Terms and R is the rate of interest
Amount of 1 st quarter = $ 9,855 x 6 % x
= $147.83
Compound interest is $ 9,855 + 147.83= $ 10,002.83
Amount of 2 nd quarter , 10,002.83 x 6% x
= $150.04
Compound Interest is 10,002.83 + 150.04 = $10,152.87 amount
10,152.87 - 9,855= $297.87 interest
3741.43 is your answer. Just do $3850 x 0.9718 and you'll get your answer. I hope this helps :)
Answer:
Population standard deviation,
= 3683.063 .
Step-by-step explanation:
We are given that the width of the estimated confidence interval i.e. 99% is 600 and the sample size used in estimating the mean is 1000 which means ; n = 1000 and width = 600
We know that Width of confidence interval = 2 * Margin of error
<em> Margin of error</em><em> </em>=
= 2.5758 *
{because at 1% significance level
z table has value of 2.5758 .}
Therefore, 600 = 2 * 2.5758 *
⇒
=
= 3683.063 .
Hence, the Population standard deviation = 3683.063 .
Answer:
≈ -2.76
≈ -2.8 (rounded to nearest tenths place)
Step-by-step explanation:
