Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals
(from tabulated value).





using calculator

Confidence interval is


the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>
Answer:
169
Step-by-step explanation:
65 divided by 5 to get 13
and multiply that with 13
like this: 13x13
to get 169
Answer:
73.3
Step-by-step explanation:
7%=7÷100=0.07 ×60=4.2
15%=15÷100=0.15×60=9
add you answers to 60 and to should get 73.2
Answer:
24
Step-by-step explanation:
-2×5=-10
-10+34= 24
Answer:
1612.5
Step-by-step explanation:
1500 x7.5% = 112.5
112.5 +1500 = 1612.5