Using the graph, determine tUsing the graph, determine the coordinates of the vertex of the parabola.
1 answer:
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Answer:
The monthly interest payment would be $ 9
Step-by-step explanation:
Given,
The average balance of the credit card = $ 450,
Annual rate of interest = 24%,
∵ Monthly interest rate is 1/12 of the annual interest rate,
Thus, the monthly interest rate =
Hence, the monthly interest payment = 2% of credit card balance
= 2% of 450
= $ 9
Answer:
The 90% confidence interval for the proportion of all Americans who are in favor of a new Green initiative is (0.6247, 0.6923).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
Of the 533 randomly selected Americans surveyed, 351 were in favor of the initiative.
This means that
90% confidence level
So , z is the value of Z that has a p-value of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 90% confidence interval for the proportion of all Americans who are in favor of a new Green initiative is (0.6247, 0.6923).