What the sample suggests is that; the mean body temperature couldvery possibly bevery possibly be 98.6 °F.
<h3>What is the Confidence Interval?</h3>
For a 99% Confidence Interval and DF = 103 - 1 = 102, the value of z = 2.33.
The formula for confidence interval is;
CI = x⁻ ± z(σ/√n))
We are given;
Sample mean; x⁻ = 98.9
standard deviation; σ = 0.67
sample size; n = 103
Thus the confidence Interval is;
CI = [98.9 - 2.33(0.67/√103)], [98.9 + 2.33(0.67/√103)]
CI = (98.9 - 0.154, 98.5 + 0.154)
CI = (98.36, 98.64)
Thus, 98.6 is contained within the 99% CI,and so we can conclude that the the mean body temperature could very possibly bevery possibly be 98.6 °F.
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Looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
<h3>What is a
cash inflow?</h3>
A cash inflow can be defined as an amount of money that flows into a business firm.
<h3>What is a statement of cash flows?</h3>
A statement of cash flows is also referred to as cash flow statement and it can be defined as a financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.
As a general rule in business management, looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
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