Answer:
a) For the 90% confidence interval the value of
and
, with that value we can find the quantile required for the interval in the t distribution with df =3. And we can use the folloiwng excel code: "=T.INV(0.05,3)" and we got:
b) For the 99% confidence interval the value of
and
, with that value we can find the quantile required for the interval in the t distribution with df =106. And we can use the folloiwng excel code: "=T.INV(0.005,106)" and we got:
Step-by-step explanation:
Previous concepts
The t distribution (Student’s t-distribution) is a "probability distribution that is used to estimate population parameters when the sample size is small (n<30) or when the population variance is unknown".
The shape of the t distribution is determined by its degrees of freedom and when the degrees of freedom increase the t distirbution becomes a normal distribution approximately.
The degrees of freedom represent "the number of independent observations in a set of data. For example if we estimate a mean score from a single sample, the number of independent observations would be equal to the sample size minus one."
Solution to the problem
Part a
For the 90% confidence interval the value of
and
, with that value we can find the quantile required for the interval in the t distribution with df =3. And we can use the folloiwng excel code: "=T.INV(0.05,3)" and we got:
Part b
For the 99% confidence interval the value of
and
, with that value we can find the quantile required for the interval in the t distribution with df =106. And we can use the folloiwng excel code: "=T.INV(0.005,106)" and we got:
Answer:C) She would have $216.88.
Step-by-step explanation:
A) Deposits: +34.98; +51.02; +51.22
Withdrawals: -5.23; -5.22; -7.89
B) -7.89, -5.23, -5.22, +34.98, +51.02, +51.22
The smallest amount will be the largest withdrawal, as it takes away from the account; the largest amount will be the largest deposit, as it adds to the account.
98 + 34.98 = 132.98 + 51.02 = 184.00 + 51.22 = 235.22 - 7.89 = 227.33 - 5.23 = 222.10 - 5.22 = 216.88
Answer:
-9 = y
Step-by-step explanation:
-45=5y
Divide each side by 5 to isolate y
-45/5=5y/5
-9 = y
Answer:
77 represents the starting temperature; the temperature after 2 minutes will be 177 degrees
Step-by-step explanation:
6x + ( 3x - 9) = 90°( being complementary angles )
6x+3x -9 = 90°
9x = 90° + 9
x = 99 / 9
x = 11