To serve 3 you half the recipe so divide each number by 2
3/4 cup/2 = 3/8 cup granulated sugar
1 cup/2 = 1/2 cup of evaporated milk
1/3teaspoon/2 = 1/6 teaspoon of vanilla
12 slices/2 = 6 slices of French bread
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%)
First, break up the entire thing into smaller rectangles then find the area of all of those rectangles and add them together to get 30 square feet.
Answer:
(0.767,0.833)
Step-by-step explanation:
The 95% confidence interval for population proportion p can be computed as
The z-value associated with 95% confidence level is 1.96.
whereas p=x/n
We are given that x=440 and n=550.
p=440/550=0.8
Thus, the required confidence interval is
0.767<P<0.833 (rounded to 3 decimal places)
Hence, we are 95% confident that our true population proportion will lie in the interval (0.767,0.833)
