Answer:
D. $5,000
Step-by-step explanation:
The amount of money he should deposit is the principal.
The principal P can be gotten by
P = 100 I /RT
Where
I = interest
R = rate
T = Time
Given
I = $240
R = 1.6%
T = 3 yrs
P = 100 x 240 /1.6 x 3
Multiply through
= 24000/4.8
= $5000
Answer:
(-4,22)
Step-by-step explanation:
is the right answer
The answer is about 432.178
Answer:
95% confidence interval for the mean μ is (6,14)
The Population mean μ lies between ( 6, 14 )
Step-by-step explanation:
<u><em>Explanation</em></u>:-
Given random sample 'n' = 1200
95% confidence interval for the mean μ is determined by

Level of significance = 95% 0r 0.05
Z₀.₀₅ = 1.96
= 10 ± 4
Mean of the small sample = 10
95% of confidence intervals are
( 10 ±4 )
( 10 -4 , 10+4)
( 6 , 14 )
95% confidence interval for the mean μ lies between ( 6, 14 )