Answer: n = 2401
Step-by-step explanation:
Given;
Confidence level = 2% - 99%
n = ? ( which is the sample size is unknown ).
Solution:
Where;
n = [z/E]^2*pq
Since no known value for ( p ) estimate is given, the "least biased" estimate is p = 1/2
Substituting the given data into the formula.
n = [1.96/0.02]^2(1/2)(1/2)
n = 2401
The minimum number of truck drivers the statistician needs to sample for an accurate result is 2401
Answer:
50
Step-by-step explanation:
Answer:
If a new car was purchased for a cost of $16,183.11, and a down payment of 10% of the value was made, the initial payment was $1,618.31.
Thus, the remaining amount to be financed is $14,564.79. It will be financed in 4 years, at an annual interest rate of 11.5%, for four years. Thus, the total interest will be 46% (11.5 x 4), to be distributed among the 4 years of the financing. Then, the total amount to be paid will be $21,264.59, which will be paid in 48 equal monthly payments of $443.01 (21,264.59 / 48).
45-21=s
(the answer is 24 btw. you can check this by adding 24 and 21 to get 45 c:)
