Yo please take the full picture the question is cut off
6 years
A parent increases a child’s monthly allowance by 20% each year. If the allowance is $8 per month now. This is an exponential function, An exponential function is given by:
Let x be the number of years and y be the allowance. The initial allowance is $8, this means at x = 0, y = 8
Since it increases by 20% each year, i.e 100% + 20% = 1 + 0.2 = 1.2. This means that b = 1.2
Therefore:
To find the number of years will it take to reach $20 per month, we substitute y = 20 and find x
x = 6 years to the nearest year
Answer:
95% confidence interval for the mean μ is (6,14)
The Population mean μ lies between ( 6, 14 )
Step-by-step explanation:
<u><em>Explanation</em></u>:-
Given random sample 'n' = 1200
95% confidence interval for the mean μ is determined by
Level of significance = 95% 0r 0.05
Z₀.₀₅ = 1.96
= 10 ± 4
Mean of the small sample = 10
95% of confidence intervals are
( 10 ±4 )
( 10 -4 , 10+4)
( 6 , 14 )
95% confidence interval for the mean μ lies between ( 6, 14 )
Solve x by simplifying both sides of the equation & then isolating the variable x=-4 & the negative comes in from the -12
