Answer:
The 95% confidence interval for the true percentage of all adults over 30 who shop at that mall who admit to having lost their car at the mall is (25.37%, 43.93%).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of 
.
Of 101 randomly selected adults over 30 who frequent a very large mall, 35 admitted to having lost their car at the mall.
This means that 
95% confidence level
So 
, z is the value of Z that has a p-value of 
, so 
.
The lower limit of this interval is:
The upper limit of this interval is:
As percentages:
0.2537*100% = 25.37%
0.4393*100% = 43.93%
The 95% confidence interval for the true percentage of all adults over 30 who shop at that mall who admit to having lost their car at the mall is (25.37%, 43.93%).
Answer:
(-4,-1)
Step-by-step explanation:
-3x+10y=2
-3x+3y=9
-3x=2-10y
-3x=9-3y
2-10y=9-3y
2-9=10y-3y
7y=-7
y=-1
-3x+3(-1)=9
-3x-3=9
-3x=12
x=-4
Answer:
Hope this will help:
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfeiter. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable. The Commercial Finance Association is the leading trade association of the asset-based lending and factoring industries.
Factoring is not the same as invoice discounting (which is called an assignment of accounts receivable in American accounting – as propagated by FASB within GAAP). Factoring is the sale of receivables, whereas invoice discounting ("assignment of accounts receivable" in American accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the loan. However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics.
Answer is provided in the image attached.
