Answer:
1/2 or .5 or 1:2
Step-by-step explanation:
A) $17,200
This is because the residual value and down payment, $9,000 + $1,000 would be $10,000. Next, the monthly $300 multiplied by the 24 months would equal $7,200. Therefore, $10,000 + $7,200 = $17,200.
x is an unknown quantity whose value is determined based on any algebraic equation it is used in. Solving an equation provides its numerical value. Although an unknown quantity can be represented by any alphabet of the English language, for convenience x is taken universally, when an equation works with one unknown value. For more than one, other alphabets are usually used as unknown representative values.
Answer:
(0.095, 0.165)
Step-by-step explanation:
Confidence interval :
Phat ± margin of error
Margin of Error = 0.035
Phat = x / n
Phat = 11 / 85 = 0.1294117
Hence,
Phat ± 0.035
Lower boundary = 0.1294117 - 0.035 = 0.0944
Upper boundary = 0.1294117 + 0.035 = 0.1644
(0.0944, 0.1644)