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Veronika [31]
3 years ago
9

fatima has saved 15000 toward down payment on a house. she makes $5375 a month. whats the maximum loan she can take on a house

Mathematics
1 answer:
zhuklara [117]3 years ago
7 0
I went on the calculator and it the answer is 10750 and that is the highest payment she can make because if u add again it will go over 15000 so there is ur answer 10750 ur welcome sense my answer is right can u plz give me brainiest.
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3 years ago
A random sample of 20 purchases showed the amounts in the table (in $). The mean is $49.57 and the standard deviation is $20.28.
son4ous [18]

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The 98​% confidence interval for the mean purchases of all​ customers is ($37.40, $61.74).

Step-by-step explanation:

We have that to find our \alpha level, that is the subtraction of 1 by the confidence interval divided by 2. So:

\alpha = \frac{1-0.98}{2} = 0.01

Now, we have to find z in the Ztable as such z has a pvalue of 1-\alpha.

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Now, find M as such

M = z*\frac{\sigma}{\sqrt{n}}

In which \sigma is the standard deviation of the population and n is the size of the sample.

M = 2.325*\frac{20.28}{\sqrt{20}} = 12.17

The lower end of the interval is the mean subtracted by M. So it is 49.57 - 12.17 = $37.40.

The upper end of the interval is the mean added to M. So it is 49.57 + 12.17 = $61.74.

The 98​% confidence interval for the mean purchases of all​ customers is ($37.40, $61.74).

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3 years ago
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Answer:

n=10

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simplify both side

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