Answer:
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Answer: 1
Step-by-step explanation:
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Answer:
3.2%
Step-by-step explanation:
The computation of the annual rate of interest is shown below:
As we know that
Simple interest = Principal × rate of interest × time period
($1,857.60 - $1,800) = $1,800 × rate of interest × 1
$57.60 = $1,800 × rate of interest × 1
So, the rate of interest is
= $57.60 ÷ $1,800 × 100
= 3.2%
Hence, the rate of interest on annual basis is 3.2%
You just have to divide the 1/2 a pound by 8, or equivalently multiply by (1/8):
(1/2)*(1/8) = 1/16 of a pound
Answer: The margin of error is 12.74.
Step-by-step explanation:
Since we have given that
Standard deviation = 6.5
Mean = 255
Let 95% level of significance,
So, z value = 1.96
We need to find the "Margin of error":
So, it becomes :
Margin of error = Standard deviation × z-value
Margin of error = 
Hence, the margin of error is 12.74.