A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
Answer:
The First 1 is B. And the Second 1 is B. As well.
Step-by-step explanation:
Four hundreds two tens and three ones
Step-by-step explanation:
2⁶X5⁴X3¹²/2²x5²x3⁴
2⁴ × 5²×3⁸
For b it's 39 because you multiply 5 and 7 giving you 35 then add 4 Wich equals 39. I might be incorrect. check it out.
