Liam buys a motorcycle for $2,900. Its value depreciates annually at a rate of 12%. At the end of t years, it has a value of les
1 answer:
It is given in the problem that
Liam buys a motorcycle for $2,900
Its value depreciates annually at a rate of 12%=0.12
At the end of t years, it has a value of less than $2,000
The exponential equation modeling this situation can be written as below
The inequality representing its value less than $2,000 can be written as below
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Answer:
We are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%
Step-by-step explanation:
-From the given information, .
-We calculate the confidence interval using this value at 95% confidence level:
So, the 95% confidence interval is (0.6515,0.6585).
Hence, we are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%.