A you can use it because it allows you to divide the 925 easier to make the question 10 times easier than it would be
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Answer:
The sample proportion is 0.36635
Step-by-step explanation:
A confidence interval has two bounds, a lower bound and an upper bound.
The sample proportion is the halfway point betwen those two bounds, that is, the sum of those bounds divided by 2.
In this problem, we have that:
Lower bound: 0.2931
Upper bound: 0.4396
What is the sample proportion?
(0.2931 + 0.4396)/2 = 0.36635
The sample proportion is 0.36635
For this case, the first thing you should keep in mind is the following definition:
equity = assets - liabilities
Therefore, by clearing we have:
assets = <span>equity</span> - liabilities
Substituting values we have:
assets = (340000) - (195000)
assets = $ 145,000
Answer:
The value of the company's assets is:
assets = $ 145,000
