If prices increase at a monthly rate of 3.4%, by what percentage do they increase in a year?
1 answer:
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Answer:
The confidence interval is
Step-by-step explanation:
From the question we are told that
The sample size is n = 118
The number that gave the correct answer is k = 44
Generally the sample proportion is mathematically represented as
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Generally given that the confidence level is 95% the level of significance is mathematically represented as
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Generally from the normal distribution table the critical value of is
Generally the margin of error is mathematically represented as
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Generally 95% confidence interval is mathematically represented as
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