Is a negative correlation between the number of years in college and earnings. true or false
1 answer:
You might be interested in
Answer:
The 90% confidence interval for the proportion of all Americans who are in favor of a new Green initiative is (0.6247, 0.6923).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
Of the 533 randomly selected Americans surveyed, 351 were in favor of the initiative.
This means that
90% confidence level
So , z is the value of Z that has a p-value of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 90% confidence interval for the proportion of all Americans who are in favor of a new Green initiative is (0.6247, 0.6923).
Given:
Annual interest rate = r%
Growth factor : x = 1 + r
The below function gives the amount in the account after 4 years when the growth factor is x .
To find:
The total amount in the account if the interest rate for the account is 3% each year and initial amount.
Solution:
Rate of interest = 3% = 0.03
Growth factor : x = 1 + 0.03 = 1.03
We have,
Substitute x=1.03 in the given function, to find the total amount in the account if the interest rate for the account is 3% each year.
Therefore, the total amount in the account is 2431.31 if the interest rate for the account is 3% each year.
For initial amount the rate of interest is 0.
Growth factor : x = 1 + 0 = 1
Substitute x=0 in the given function to find the initial amount.
Therefore, 2250 was put into the account at the beginning.