Answer:
Connor would have $83.37 more than Henry.
Step-by-step explanation:
Connor:
Initial investment= $8,000
Interest rate= 8.2% = 0.082/12= 0.00683
Number of periods= 12*5= 60 months
Henry:
Initial investment= $8,000
Interest rate= 8% = 0.08/365= 0.00022
Number of periods= 365*5= 1,825 days
<u>To calculate the future value, we need to use the following formula on each investment:</u>
FV= PV*(1+i)^n
Connor:
FV= 8,000*(1.00683^60)
FV= $12,035.35
Henry:
FV= 8,000*(1.00022^1,825)
FV= $11,951.98
Difference= 12,035.35 - 11,951.98= $83.37
Connor would have $83.37 more than Henry.
First express it in common denominator.
The common denominator is 36 in this case (4x9) and (9x4)
So (8 over 9)cups would be equal to (32 over
36)cups.[by multiplying it by 4]
and
(1 over 4)cups would be equal to (9 over 36)cups.[by multiplying it by 9]
(32over36)cup divided by (9over36)cup=3+(5over36)cup [since they have a common denominator now]
So Susie can scoop out 3 servings of (9 over 36)/(1 over 4) cups of ice cream with a remainder of (5 over 36)cup
Answer:
B. z Subscript alpha divided by 2 zα/2 = 1.96.
Step-by-step explanation:
We are given that we want to construct a confidence interval. For this, the summary statistics for randomly selected weights of newborn girls:
n = 236,
= 30.3 hg, s = 7.2 hg. The confidence level is 95%.
As we can clearly see here that the population standard deviation is unknown and the sample size is also very large.
It has been stated that when the population standard deviation is unknown, we should use t-distribution but since the sample size is very large so we can use z distribution also as it is stated that at very large samples; the t-distribution corresponds to the z-distribution.
Here,
= level of significance = 1 - 0.95 = 0.05 or 5%
= 0.025 or 2.5%
So, the value of
in the z table is given as 1.96 with a 2.5% level of significance.