Answer:
The correct answer is option (C)-0.245 = 2.160(0.205)
Step-by-step explanation:
Solution
Given that:
The slope = - 0.245
The size sample = n = 15
The standard error = 0.205
The confidence level = 95
The Significance level= α = (100- 95)% = 0.05
Now,
The freedom of degree = n-2 = 15 -2= 13
Thus,
the critical value = t* = 2.16
By applying Excel = [TINV (0.05, 13)]
The Margin of error is = t* (standard error)
=2.16 *0.205
= 0.4428
Answer:
r=7
Step-by-step explanation:
5r-7=2r+14
add sevento both sides
5r=2r+21
Subtract 2r from both sides.
3r=21
divide both sides by 3
r=7
$8250 - $3120 = $5130
$5130/75 = $68.40
Each band member must raise $68.40
