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We're done now but I have something to tell...
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How long does Ryan takes to complete a lap?
1 answer:
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Answer:
(a) $7492
(b) $10,253
(c) $14,032
Step-by-step explanation:
As we know, the final Amount can be calculated with the formula for compound interest,
A = P(1 + \frac{r}{n} )^{nt}
where,
A = Final Amount due
P = Initial principal amount borrowed
r = rate of interest in decimal
n = number of times applied per time period
t = total time period
Now, according to the given data,
(a) in 4 years ;-
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(b) in 6 years ;-
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(c) in 8 years ;-
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Answer:
The answer is below
Step-by-step explanation:
a) Given that the number of sample (n) = 300, therefore since n > 30, the distribution of the sample means is going to be normally distributed.
b) The mean of the distribution of sample means (also known as the Expected value of M) is equal to the population mean μ.
c) The standard deviation of the distribution of sample means is called the Standard Error of M, it is given by: