Will bought 3 college textbooks. One cost 32$, one cost 45$, and one cost 39$. What is the average price of his book?
1 answer:
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Answer:
The 95% confidence interval for the true mean speed of thunderstorms is [10.712, 13.688].
Step-by-step explanation:
Given information:
Sample size = 10
Sample mean = 12.2 mph
Standard deviation = 2.4
Confidence interval = 95%
At confidence interval 95% then z-score is 1.96.
The 95% confidence interval for the true mean speed of thunderstorms is
Where, is sample mean, z* is z score at 95% confidence interval, s is standard deviation of sample and n is sample size.
Therefore the 95% confidence interval for the true mean speed of thunderstorms is [10.712, 13.688].
Answer:
Jimmy's account balance will be $673.43 after 10 years.
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:
What will Jimmy’s account balance be after 10 years if the interest is compounded 2 times each year?
Jimmy's account balance will be $673.43 after 10 years.