A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
Answer:
BC
Step-by-step explanation:
because they never intersect each other
Answer:
f(-3) = -1
g(-3) = 14
Step-by-step explanation:
plug -3 for x to get the answer
Answer:
7/11
Step-by-step explanation:




Answer:
(B) No. A binomial probability model applies to only two outcomes per trial.
Step-by-step explanation:
The binomial probability is the probability of having
sucesses on
repeated trials of an experiment that can only have two outcomes. This is why it is called the binomial probability.
Since in our problem there are three possible outcomes, the binomial probability cannot be used.
The correct answer is (B)
(B) No. A binomial probability model applies to only two outcomes per trial.