a store sells 2 pounds of tomatoes for $7. Write an equation that represents the cost, c, for t pounds of tomatoes
1 answer:
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Using the z-distribution, it is found that the 90% confidence interval is given by: (0.6350, 0.6984).
<h3>What is a confidence interval of proportions?</h3>A confidence interval of proportions is given by:
In which:
is the sample proportion.
- z is the critical value.
- n is the sample size.
In this problem, we have a 90% confidence level, hence, z is the value of Z that has a p-value of
, so the critical value is z = 1.645.
The sample size and the estimate are given by:
Hence, the bounds of the interval are given by:
The 90% confidence interval is given by: (0.6350, 0.6984).
More can be learned about the z-distribution at brainly.com/question/25890103
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Answer:
He will have $276.10 available towards the down payment for his motorcycle
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
Compounded quarterly, so n = 12/4 = 3.
We have to find A.
He will have $276.10 available towards the down payment for his motorcycle