Darryl:
Answer:
A = $1,905.00
(I = A - P = $405.00)
Equation:
A = P(1 + rt)
Lori:
Answer:
A = $1,932.00
(I = A - P = $532.00)
Equation:
A = P(1 + rt)
Thus $532-$405= $127 more in Lori's account
Answer:-3
Step-by-step explanation:
Well, it depends on the window.
Answer:
The 80% confidence interval for the mean number of toys purchased each year is between 7.5 and 7.7 toys.
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
That is z with a pvalue of
, so Z = 1.28.
Now, find the margin of error M as such

In which
is the standard deviation of the population and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 7.6 - 0.1 = 7.5
The upper end of the interval is the sample mean added to M. So it is 7.6 + 0.1 = 7.7
The 80% confidence interval for the mean number of toys purchased each year is between 7.5 and 7.7 toys.