1 line, because it’s between 2 points
Answer:
A. 0.0049
B. Yes
Step-by-step explanation:
Sample proportion = 0.64
N = 1000
Population proportion = 0.60
We solve for standard deviation
= √p(1-p)/n
= √0.60(1-0.60)/1000
= √0.60x0.40/1000
= √0.00024
= 0.0155
A.
The probability of sample >=0.64
Z>=0.64-0.60/0.0155
Z >= 0.04/0.0155
So z >= 2.5806
Using excel this equal to 0.0049
0.0049 is probability of sample proportion being 0.64 at least.
B.
This answer in a shows that than 60% of households in the united states income class purchased life insurance last year.
Answer:
$100.4
Step-by-step explanation:
Compound Interest Formula:
A = P
1 + 
=> A = 100 x ( 1 +
)^1 = 100.4 (If they asked ... interest rate ... per year, if not then depends - most likely to be days and therefore you will need to change 1 year = 365 days and you will also need to change 1 in the formula above to 365, then you will get the right ans)
Answer:
C. 4.6
Step-by-step explanation:
If you subtract 3.0 from 1.4 you get 1.6, which is the can be added to 3.0 to find the missing value.
Answer:
10
Step-by-step explanation: