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Wewaii [24]
3 years ago
8

A new version of SAT is given to 1000 randomly selected high school seniors. Thesample mean test score is 1110, and the sample s

tandard deviation is 123. Constructa 95% confidence interval for the population mean test score for high school seniors.
Business
1 answer:
SVEN [57.7K]3 years ago
8 0

Answer: (1108.49 ; 1111.56)

Explanation:

confidence interval.

Sample mean (S) = 1110

Sample Size (N) = 1000

standard deviation (sd) = 123

confidence α= 1 - 0.95 = 0.05/2 = 0.025

Z distribution table

Zα= Z(0.025) = 0.4013

confidence interval

(S - Zα.×Sd/\sqrt{N} ; S + Zα.×Sd/\sqrt{N})

(1110 - 0.4013×(123/\sqrt{1000}) ; 1110 + 0.4013×(123/\sqrt{1000})

(1108.491029 ; 1111.5608970091)

(1108.49 ; 1111.56)

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Answer:

$1,419,327.22

Explanation:

The formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M × {[(1 + r)^n - 1] ÷ r} ................................. (1)

Where,

FV = Future value of the amount after 3 years = ?

M = Annuity  payment = $225,000

r = Semi annual interest rate = 4% ÷  2 = 2%, 0.02

n = number of periods the investment will be made = 3 × 2 = 6

Substituting the values into equation (1), we have:

FV = $225,000 × {[(1 + 0.02)^6 - 1] ÷ 0.02} =  $1,419,327.22

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6 0
3 years ago
On January 1, Graves Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value o
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Answer:

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June 15   Cash Dividends                              $103,500

               [(60000+9000)*$1.5]

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July 10     Dividends payable                        $103,500

                         Cash                                                          $103,500

                (Being dividend paid)

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6 0
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Snezhnost [94]

Answer:

The answer is a. True.

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During the initial stages, the members might be concerned that the project work might be difficult and this can act as a demotivating factor in the long run.

Because of this, if the manager can start the initial stages of planning of the operating methods, thus will be helpful to ease the tension and the doubts among the members.

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Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat
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In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

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plz give brainliest to help you with further questions :'D

3 0
3 years ago
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