A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
We can first convert 9.5 into fraction :
9.5= 9 1/2
Then we can use deduction to find out the answer:
9 1/2 - 6 1/3
=19/2 - 19/3
We change it to the same denominator:
=19×3/6 - 19×2/6
= 57/6 - 38/6
= 19/6
Therefore there are 19/6 or 3 1/6 gallons left in the tank.
Hope it helps!
For this case what we must do is find a quadratic function that is already factored.
This is because in the factored quadratic equations, it is easier to observe the zeros of the function.
In this case, the zeros of the function represent the time at which the company did not make any profit.
We have the following equation:
p (t) = 40 (t - 3) (t + 2) (t - 5) (t + 3)
We observed that there was no gain in:
t = 3
t = 5
The other roots are discarded because they are negative
Answer:
a.p (t) = 40 (t - 3) (t + 2) (t - 5) (t + 3)
