A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
USE PHOTOMATH , it will solve it and show you how to do it , I use it for maths questions like this !!!!!!
Answer:
36 sqaured feet
Step-by-step explanation:
24 plus 12 i believe?
<h2>
Answer:</h2>
<u>The answer is </u><u>(C) 4</u>
<h2>
Step-by-step explanation:</h2>
According to the rule of BODMAS
We will first do division then Multiplication then addition and in the last we do subtraction
So
12 ÷ 2 + 4 – 2 × 3 will be done as
= (12 ÷ 2) + 4( – 2 × 3)
= 6+4-6
= 4
To common number is 2 to divide all of them to 2
9x - 3x + x
6x + x
the simplified answer is 7x
