Answer:
can you give a little better of an explanation
Step-by-step explanation:
Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
Well, Anita, I am glad to help out... Don't forget to rate my answer:)
Sample size, n = 75
Point estimate, p = 52/75 = 0.693
Z at 99.7% confidence interval ≈ 2.96
Population mean interval = p+/- Z*Sqrt [p(1-p)/n]
Substituting;
Population mean interval = 0.693 +/- 2.96*Sqrt [0.693(1-0.693)/75] = 0.693+/-0.158 = (0.535,0.851) or (53.5%,85.1%)
