Answer:
$132,000 X .0085 = $1,122 / 360 = $3.1166 X 164 = $511.13
One mill is one dollar per $1,000 dollars of assessed value.
In our case 8.5 mills equivalent to 0.0085.
So to get the assessed value for one day
we will get
$132,000 X .0085 = $1,122 / 360 = $3.1166
Now we have the value for one day,
For June 14, we will calculate the days from January 1st to date
total days are 164. i.e. 5*30+14 = 164
Finally, the seller owes
$3.1166 * 164 = 511.13
¢30 every day because 10divided by 3 is .3
Answer:
1/4 - unlikely
0.0 impossible
5/10 - equally likely
100% - certain
75/100 - likely
Step-by-step explanation:
For probability, 0 means impossible and 1 means every single time.
So 1/4 is possible, but unlikely.
5/10 is 0.5 which is right between, so equally likely
75/100 is possible and likely
Answer:
a)
b)
c)
Step-by-step explanation:
Part a
The confidence interval for the mean is given by the following formula:
(1)
The Confidence is 0.98 or 98%, the value of
and
, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.01,0,1)".And we see that
Now we have everything in order to replace into formula (1):
Part b
Part c
The margin of error is given by this formula:
(a)
And on this case we have that ME =0.4/2 =0.2 we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
The critical value for 95% of confidence interval now can be founded using the normal distribution. And in excel we can use this formla to find it:"=-NORM.INV(0.025;0;1)", and we got
, replacing into formula (b) we got: