Slope = 75
Y-intercept = 150
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%)
Answer:
The fraction of the total distance to her uncle's house that was traveled on Sunday is 1/7
Step-by-step explanation:
Let the total distance from Madison house to her uncle is 1 unit
She travels 5/7th of the total distance on Saturday
Remaining distance =
She travels 1/2 of the remaining distance on Sunday.
Hence, the fraction of the total distance to her uncle's house that was traveled on Sunday is 1/2 * 2/7 = 1/7
Slope of the given line is :
where ,
let's solve :
Slope = -3 / 4
she left her computer open for 48 hours