Question:
You are interested in estimating the the mean age of the citizens living in your community. In order to do this, you plan on constructing a confidence interval; however, you are not sure how many citizens should be included in the sample. If you want your sample estimate to be within 5 years of the actual mean with a confidence level of 97% , how many citizens should be included in your sample? Assume that the standard deviation of the ages of all the citizens in this community is 18 years.
Answer:
61.03
Step-by-step explanation:
Given:
Standard deviation = 18
Sample estimate = 5
Confidence level = 97%
Required:
Find sample size, n.
First find the Z value. Using zscore table
Z-value at a confidence level of 97% = 2.17
To find the sample size, use the formula below:





Sample size = 61.03
Answer:
The amount of simple interest earned is $156.79
Step-by-step explanation:
Mathematically;
Simple interest = PRT/100
From the question;
P = $525
R = 5.5%
T ; to get this, we need to make the numbers agree;
We do this by dividing number of months by 12 and number of days by 365
So 5 years, 5 months and 5 days will be;
5 + 5/12 + 5/365 = 5.43
So, using this in the simple interest calculations, we have;
S.I = (525 * 5.5 * 5.43)/100
S.I = $156.79
Answer:
9(3+5)
Step-by-step explanation:
GCF is 9, because thats the highest <u>common</u> number that both numbers can be divided by.
27/9 = 3
45/9 = 5
so,
9(3+5)