we know that
The formula of simple interest is equal to
In this problem
we have
I=$170
P=$8,500
r=4%=4/100=0.04
t=?
substitute given values in the formula
therefore
0.5 years=6 months
<h2>The answer is 6 months</h2>
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2 answers:
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Complete Question
A genetic experiment with peas resulted in one sample of offspring that consisted of 432 green peas and 164 yellow peas. a. Construct a 95% confidence interval to estimate of the percentage of yellow peas. b. It was expected that 25% of the offspring peas would be yellow. Given that the percentage of offspring yellow peas is not 25%, do the results contradict expectations?
Answer:
The 95% confidence interval is
No, the confidence interval includes 0.25, so the true percentage could easily equal 25%
Step-by-step explanation:
From the question we are told that
The total sample size is
The number of offspring that is yellow peas is
The number of offspring that is green peas is
The sample proportion for offspring that are yellow peas is mathematically evaluated as
Given the the confidence level is 95% then the level of significance is mathematically represented as
The critical value of from the normal distribution table is
Generally the margin of error is mathematically evaluated as
=>
=>
The 95% confidence interval is mathematically represented as
=>
=>