You have $10,000 to invest and want to keep your money invested for 10years. You are considering the following investment option
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We know, equation of ellipse is given by :
Here,
(h,k) is centre of the ellipse = (0,0).
a = major axis = 8.
b = minor axis = 4.
Putting all given value in above equation, we get :
Hence, this is the required solution.
Using the z-distribution, as we are working with a proportion, it is found that the 99% confidence interval for the proportion of all U. S. Adults who would include the 9/11 attacks on their list of 10 historic events is (0.7458, 0.7942). It means that we are 99% sure that the true proportion for all U.S. adults is between these two bounds.
<h3>What is a confidence interval of proportions?</h3>A confidence interval of proportions is given by:
In which:
is the sample proportion.
- z is the critical value.
- n is the sample size.
In this problem, the parameters are:
The lower limit of this interval is:
The upper limit of this interval is:
The 99% confidence interval for the proportion of all U. S. Adults who would include the 9/11 attacks on their list of 10 historic events is (0.7458, 0.7942). It means that we are 99% sure that the true proportion for all U.S. adults is between these two bounds.
More can be learned about the z-distribution at brainly.com/question/25890103