Answer:
<h2>
First Federal Bank is best</h2>
Step-by-step explanation:
First national bank gives:
$5,449.03 after 4 years being compounded annually at a rate of 2.15%
First federal bank gives:
$5,468.12 after 4 years at a rate of 2.25%
Please let me know if I did anything wrong. I will immediately fix my mistakes :)
Answer:
329.45833333333
Step-by-step explanation:
Using the z-distribution, it is found that the 90% confidence interval is given by: (0.6350, 0.6984).
<h3>What is a confidence interval of proportions?</h3>
A confidence interval of proportions is given by:

In which:
is the sample proportion.
In this problem, we have a 90% confidence level, hence
, z is the value of Z that has a p-value of
, so the critical value is z = 1.645.
The sample size and the estimate are given by:

Hence, the bounds of the interval are given by:


The 90% confidence interval is given by: (0.6350, 0.6984).
More can be learned about the z-distribution at brainly.com/question/25890103
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