Answer:
The best point estimate for the mean monthly car payment for all residents of the local apartment complex is $624.
Step-by-step explanation:
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean
and standard deviation
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean
and standard deviation
.
In this question:
We apply the inverse Central Limit Theorem.
The mean monthy car payment for 123 residents of the local apartment complex is $624.
So, for all residents of the local apartment complex, the best point estimate for the mean monthly car payment is $624.
Answer:
$39,851.25
Step-by-step explanation:
If the sales increase at a rate of 9% per year, this means it will be 109% of the previous year's value since 100% + 9% = 109%
109% in decimal form = 109/100 = 1.09
Therefore, the exponential function is:
, where
is the number of years
So when
,

After 8 years, annual sales = $39,851.25
Answer:
.85
Step-by-step explanation:
Compound interest formula

Melanie:

Sebastian:

4824.06-4283.21= .85
Answer:
5/2
Step-by-step explanation:
tan&= 2/5(p/b)
here,
p=2,b=5
cot&=b/p
=5/2