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KATRIN_1 [288]
3 years ago
9

According to the video game industry’s statistics, the average gamer is 34 years old. Imagine the standard deviation for age is

7.5 years. Leroy collected data on video gaming among people with new tablets or iPads to see if the mean age of that group is older or younger. He finds an average age of 36 years based on a sample size of 48. His 95 percent confidence interval is:
Business
1 answer:
Natalka [10]3 years ago
6 0

Answer:

lower range 33.822 years

upper range 38.178 years

Explanation:

step 1:

48 -1 = 47

step 2:

(1 - 95%) / 2 = 0.025

step 3:

we look at the T distribution table for degrees of freedom (df) = 47, and α = 0.025; = 2.0117

step 4:

divide sample standard deviation by square root of sample size

7.5 years / √48 = 7.5 / 6.9282 = 1.0825

step 5:

multiply results from step 3 and 4

2.0117 x 1.0825 = 2.178

step 6:

for the lower range, subtract step 5 from sample mean

36 - 2.178 = 33.822

step 7: for the upper range, add step 5 with sample mean

36 + 2.178 = 38.178

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shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

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2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0
3 years ago
Earnings on principal is called interest. True False
enyata [817]
True

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8 0
3 years ago
A​ long-time independent bank merged with another bank in 2003. Their​ year-end financial reports for the final five years of in
Serga [27]

Answer:

1. The liquid assets value= 21614

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Explanation

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4 0
3 years ago
"a typical group is selected from the population, and a random sample is taken from within the group. this is an example of" ___
torisob [31]
If the people conducting said experiment specifically wanted to select a random group of typical people it could be considered stratified. if they specified that they wanted any group of typical people then it would be simple random. Just looking at the supplied info, i'm pretty sure it's simple random.
3 0
3 years ago
financial accounting focuses on the needs of external users, who get accounting information from general-purpose financial state
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It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

<h3>Who are external users of financial accounting?</h3>

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But external users of financial accounting such as shareholders, boards also uses the financial accounting, therefore, It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

Read more about financial accounting

brainly.com/question/17401239

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7 0
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