Answer:
I'll setup the problem and you can do the calculations
Step-by-step explanation:
The formula for simple interest:
I = P*r*t
I = interest
P = principle or amount invested
r = interest rate per period (period is a year)
t = number of periods
P = 4920
r = .13
t = 8
if you have questions, send a comment
Prolly not the best person to answer this question lol
Answer:
(A) With 99% confidence, the proportion that favours the Green initiative is between 418.895 and 423.105 (no approximation; answers were gotten exactly in 3 decimal places).
(B) If many groups of 593 (greater than the initial sample size of 556) randomly selected Americans were surveyed then a different confidence interval would be used or produced from each group.
About 90% of these confidence intervals will contain the true population proportion of Americans who favour the Green initiative and about 10% will not contain the true population proportion.
Step-by-step explanation:
(A) 99% of 421 = 416.79
421 - 416.79 = 4.21
4.21 ÷ 2 = 2.105
(421-2.105), (421+2.105)
The lower and upper limits are:
[418.895 , 423.105]
(B) A wider confidence interval such as 90% will be better suited in a case of multiple samples like this.
Answer:
:
pls, don't do that
Step-by-step explanation:
The answer to your question is 148.75