For the answer to the question above,
The simple interest formula is I = P * r * t
P is the principal (2,000)
r is the interest rate (7% or 0.07)
t is the time (5)
2000 * 0.07 * 5 = 700
$700.00 is the interest
Joe has to pay $700.00 in interest.
I hope this helps
Answer:
Option A,
Only that graph represents the solution to the given system of inequalities.
Answered by GAUTHMATH
Answer:
Step-by-step explanation:
n = 400
Proportion p = 229/400= 0.5725
For 95% confidence interval we use Z value as 1.96
Std error = 0.025
margin of error = 1.96*0.025
Confidence interval 95% = 0.5725±Margin of error
= (0.524, 0.621)
b) When smiled x becomes 277
p = 0.6925
Std error = 0.023
Margin of error= 1.96*0.023
Confidence interval = (0.647, 0.738)
Smiling increases the chances of stopping since mean and conidence interval bounds are showing increasing trend.
Answer:
c. Ninety-five percent of the time, the percentage of those questioned who have read the Declaration of Independence would likely be between 25 and 33 percent.
Step-by-step explanation:
Margin of error:
"It means the percentage difference of the result above or below the exact value."
i.e. 4 percent of margin error in the question means that the result will be either 4 percent above the 29 percent or 4 percent below the 29 percent.
OR "the result can vary upto 4 percent above or below the 29 percent."
Let me simplify the answer first in number then convert it percent to understand easily.
29 percent of 1000= (29/100)*1000=290
4 percent of 1000=(4/100)*1000=40
If 290 students had read the declaration of independence at least once with 40 margin of error, then it means the number of students that had read declaration of independence may be 330 or 250
250 is 25% of 1000 and 330 is 33% of 1000, that is why ninety-five percent of the time, the percentage of those questioned who have read the Declaration of Independence would likely be between 25 and 33 percent.
Answer:
The probability that exactly two have flaws is P (x=2) = 0.2376
Step-by-step explanation:
Here
Success= p= 0.15
Failure = q= 0.85
total number= n= 8
Number chosen = x= 2
Applying the binomial distribution
P (x=x) = nCx p^x(q)^n-x
P (x=2) = 8C2 0.15 ²(0.85)^8
P (x=2) = 0.2376
The success is chosen about which we want to find the probability. Here we want to find the probability that exactly two have flaws so success would be having flaws therefore p = 0.15
