Answer:
-46.91%
Step-by-step explanation:
Given:
Cost of buying the shares = $53,500
Selling cost of the shares = $3,300
Number of years = 2
Since the selling cost is less than the buying cost, therefore the statement for the loss can be verified
Now,
The loss = Selling cost - cost of buying = $3,300 - $53,500 = - $50,200
thus, the loss per year =
= -$25100
Hence,
Rate of return = 
or
Rate of return = 
or
Rate of return = -46.91%
(-3) - (-3) = - 6
3 + (-3) = 0
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.