What is the constant of proportionality for the table below?
1 answer:
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Answer:
3.90%
Step-by-step explanation:
Relevant Data provided as per the question below:
Annual dividend = $0.28 and $0.16
Current per share = $11.27
According to the given situation, the calculation of the current yield of the stock is shown below:-
Current yield is
= 3.90%
Therefore for computing the current yield of the stock we simply applied the above formula.
<h2>Answer with explanation:</h2>
As per given , we have
Sample size : n= 5
Degree pf freedom = : df= 5-1=4
Significance level for 90% confidence =
Using t-value table , t-critical value for 90% confidence:
Margin of error of :
Interpretation : The repair cost will be within $12.39 of the real population mean value 90% of the time.