Solve the equation for the *+ 8 = 11 5
1 answer:
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Answer:
(-0.1059 ; - 0.0337)
Step-by-step explanation:
The data table is attached in the picture below:
These is a matched pair design ; which requires taking the difference of the two values for each sample :
The mean and standard deviation of the difference will be used to construct the confidence interval :
The mean of difference, dbar = Σx/n = - 0.0698
The standard deviation of difference, Sd ;
Sd = [√Σ(d - dbar)²/(n-1)] = 0.1054
n = sample size = 25
The confidence interval :
dbar ± [TCritical * Sd/√n]
Tcritical at 90% ; df = n -1 = 25 -1
Tcritical(90% , 24) = 1.1711
C.I = - 0.0698 ± (1.711 * 0.1054/√25)
C.I = - 0.0698 ± 0.0361
C.I = (-0.1059 ; - 0.0337)
Answer:
$2,226.96
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
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First, change 10% into its decimal form:
10% -> -> 0.1
Now lets plug in the values into the equation:
The final amount after 15 years is $2,226.96