Answer:

Step-by-step explanation:
Previous concepts
A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
represent the sample mean for the sample
population mean (variable of interest)
s represent the sample standard deviation
n represent the sample size
Solution to the problem
The confidence interval for the mean is given by the following formula:
(1)
For this case the confidence interval is given by (6.55,8.15). And we can estimate the margin of error with this formula since the confidence interval is symmetrical:

Answer:
She spent 2 1/5 of her allowance
Step-by-step explanation:
SOOOO, 3 and 5 multiplied make 15.. Right?
So, what is 1/3 of 15? it's 5
So, what is 2/5 of 15? It's 6
so 5+6=11
11/15
and reduce
so 2 1/5
I hope this helps
Linear is correct credit to the person above
<span>you can use the following online calculator to answer your question.
http://www.arachnoid.com/lutusp/finance.html
you would make the folowing entries:
Present Value = 695.20
Future Value = 0
Number of Payments is left blank because you want to solve for that.
Payment Amount = -325.00
Interest Rate per period = 17.9% per year divided by 12 = </span><span>
1.491666667</span><span>% per month.
Payment At is at End.
click on the NP button and it will tell you the number of months required for the loan to be fully paid off.
the calculator will show you that it will take 2.19 months for you to fully pay off the loan of $695.20 when you are paying it off at $325.00 at the end of each momth and the interest rate if </span><span>
1.491666667</span><span>% per month.
now that you know how long it takes for you to pay it off, you can determine what the interest amount is that you paid.
multiply your payment of 325 per month by 2.19 months to get a total payment of $</span><span>
711.75
</span><span> your loan was for $695.20.
the difference is the amount of interest you paid.
that will be $711.75 - $695.20 =</span>16.55 $\
you paid $16.55 in interest.
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