c) A firm is considering an investment that will earn a 6% rate of return. If it were to borrow the money, it would have to pay
1 answer:
You might be interested in
Answer:
The standard error of the mean is 4.5.
Step-by-step explanation:
As we don't know the standard deviation of the population, we can estimate the standard error of the mean from the standard deviation of the sample as:
The sample is [30mins, 40 mins, 60 mins, 80 mins, 20 mins, 85 mins]. The size of the sample is n=6.
The mean of the sample is:
The standard deviation of the sample is calculated as:
Then, we can calculate the standard error of the mean as:
Answer:
Slope is 2.
Step-by-step explanation:
So to find slope, we need to take the change in the y value, and the change in the x value, and then divide them. This may be confusing, so here is just 3 formulas in 3 seperate steps that we use to find it:
Step 1 -
Step 2 -
Step 3 -
So lets start by doing step one.
All we need is to look for two x values. Lets use 5 and 6:
6-5=1
So 1 is our change of x. This is our 1st step.
Next we can use 2 y values, note that these should be the 2 y values that go wiht the x values above. So this means we have to use -3 and -1:
-1-(-3) = 2
So 2 is our change in y. This is our 2nd step.
Now lets plug this into:
:
So our slope is 2. Completing our 3rd and final step.
Hope this helps!