Answer:
The <u>sample proportion</u>, denoted by ^p, is given by the formula ^p=
, where x is the number of individuals with a specified characteristic in a sample of n individuals.
Step-by-step explanation:
Sample proportion is used to determine sample mean, sample standard error and test the hypotheses about the population.
<em>sample mean</em> can be stated as p and <em>sample standard error</em> can be found using the equation
where
- p is the sample proportion
And if n×p×(1-p)≥10, then sample is assumed large enough to assume normal distribution and apply statistical test.
Answer: 7 students
Step-by-step explanation:
From the question, we are informed that there a camp is divided into2 groups and that there are 14 kids in Camp A and 21 kids in Camp B.
If the camps are divided into groups of equal size, there will be 7 students in a group. This will be gotten from :
Camp A = 14/2 = 7 students
Camp B = 21/3 = 7 students
Answer:
353,60000
Step-by-step explanation:
- 3400,000 x 8%=272,00000
- 272,000000 x 13 years
- 353,600000
Answer:
Interest in 3 years = $456.52
Step-by-step explanation:
As we know the the formula of compound interest
Total amount = 
Here n = number of times amount is compounded
r = rate of interest
t = period
Here A = $2500
r = 0.0575
n = 1 (compounded annually)
t = 3 years
Therefore amount after 3 years

P =2500(1.0575)³
= 2500×1.18
= $2956.52
We have to calculate the interest then
Interest = $2956.52-$2500 = $456.52
So after 3 years interest gained = $456.52