After 6 years, the hourly rate should be 34.69 (or something around that since you may want to round)
Quick question before I answer: Did he have to pay $2,399 when he signed the lease, or was that just how much he had to pay in total over the course of 36 months?
6035 theres nothing to take from or add to it
Answer:
a. Identify the population of interest in this study.
- all the population of the country
b. Identify the sample for the study.
- 50 adults (the ones that were surveyed)
c. Identify the parameter of interest in the study.
- the parameter of interest is the people that believe that coffee shops are overpriced
d. Find and interpret a 95% confidence interval for the parameter of interest.
z score for a 95% confidence level = 1.96
margin of error (E) = z score x √{[0.4(1 - 0.4)] / 50} = 1.96 x 0.069282 = 0.13579
95% confidence level interval:
0.4 - 0.13579 = 0.26421
0.4 + 0.13579 = 0.53579
- 95% confidence interval (0.26421 , 0.53579)
Answer:
You need to cross multiply 37/45+x/100 which equals 17%
Step-by-step explanation:
The first part represents the 37 dollars out of the original 45 and the second part represents x= the unknown percent out of 100 percent. This would be 17%
