A 99% confidence interval will be wider compared to a 95% confidence interval. This is because while you don't know what the true value of mu is, you are more confident that the parameter is in the interval.
In essence, you are casting a wider net which leads to the higher level of confidence. Imagine if there was a 100 mile stretch of straight land, and somewhere on this line was a special rock that you are looking for. You would be 100% confident if you said "the rock is somewhere on that piece of land", and less confident the more you shrunk the interval.
Answer:
$8.20
Step-by-step explanation:
0.70*4=2.80
1.80*3=5.40
5.40+2.80=8.20
$8.20
Answer:
Interest will amount to $142.58
Total amount Levi will have to pay back at the end of 6 months=$7271.58
Step-by-step explanation:
Simple interest=principal×rate×time
Principal=$7129
Rate=4%=0.04
Time=6 month=0.5 year
Simple interest=principal×rate×time
=$7129×0.04×0.5
=$142.58
Interest will amount to $142.58
Total amount Levi will have to pay back at the end of 6 months
=principal + total interest
=$7129+$142.58
=$7271.58
Answer:
In 4 months Wyatt offer an equal number of sandwiches and tacos.
Step-by-step explanation:
We are given the following in the question:
Types of sandwiches = 8
Rate of increase of sandwich = 1 per month
Thus, number of sandwiches in x months will be given by
Types of tacos = 4
Rate of increase of tacos sandwich = 2 per month
Thus, number of tacos in x months will be given by
Equating the two equations, we get,
Thus, in 4 months Wyatt offer an equal number of sandwiches and tacos.
Hi i think you forgot to attach the picture
