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Answer:
.06 rounded to nearest hundreth
Step-by-step explanation:
Answer:
c. 0.1391 < Ï < 0.2311
Step-by-step explanation:
The formula for Confidence Interval is given as:
Mean ± z × Standard deviation/√n
Z score for 98% confidence interval = 2.326
Mean = Significance level = 100% - 98%
= 2% = 0.02
Standard deviation = S=0.0165
n= 37
Hence,
Confidence Interval =
0.02 ± 2.326 × 0.0165/√37
0.02 ± 0.0063094687
Confidence Interval
0.02 - 0.0063094687
= 0.1391
0.02 ± 0.0063094687
= 0.2311
Hence, the Confidence Interval = (0.1391, 0.2311)
= c. 0.1391 < Ï < 0.2311
Your answer is 59.
HOPE IT HELPS!
Answer:
Credit cards typically have high interest rates compared to most other types of loans. That means it’s potentially expensive to borrow money with a credit card. When you don’t pay your full credit card balance every month, it’s easy to accumulate boatloads of interest fees quickly.
What is a credit card minimum payment? It’s the minimum amount of money a credit card company is willing to accept each month to keep your account in good standing.
Don’t make the mistake of thinking the minimum due is a “monthly payment” you should be making to pay off your credit card bill. When you only pay the minimum due on your credit card statement, your credit card issuer will make a lot of extra money from you.
Step-by-step explanation:
