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mojhsa [17]
3 years ago
7

I really need someone to explain to me on how to solve these!! :(

Mathematics
1 answer:
HACTEHA [7]3 years ago
5 0

Answer:

3.7%

Step-by-step explanation:

(p)principal=$3400

(t)time=9months=9÷12year=3÷4year

(i)interest=$94.50

(r)rate=?

we have

r%=i/(pt)

r%=94.50÷(3400×3÷4)

r÷100=94.50÷2550

r=0.37×100

r=3.7

required rate is 3/7%

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A slide is 21 feet long. To get to the top of the slide, you use a vertical 9-foot high rung ladder. What is the distance, b, fr
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Mr. Bond’s class wanted to estimate the mean mass of Snickers Fun Size bars. They randomly selected 74 bars and recorded the mas
AleksAgata [21]

Step 1: Find the standard error (SE)

The standard error is given by

SE=\frac{s}{\sqrt[]{n}}\begin{gathered} \text{ Where } \\ SE=\text{ the standard error} \\ s=\text{ the sample standard deviation} \\ n=\text{ the sample size} \end{gathered}

In this case,

n=74,s=0.76

Therefore,

SE=\frac{0.76}{\sqrt[]{74}}\approx0.0883

Step 2: Find the alpha level (α)

\alpha=1-\frac{(\text{Confidence level})}{100}\alpha=1-0.99=0.01

Step 3: Find the critical probability (P*)

P^{\prime}=1-\frac{\alpha}{2}

Therefore,

P^{\cdot}=1-\frac{0.01}{2}=0.995

Step 4: Find the critical value (CV)

The critical value the z-score having a cumulative probability equal to the critical probability (P*).

Using the cumulative z-score table we will find the z-score with value of 0.995

Hence,

CV=2.576

Step 5: Find the margin of error (ME)

ME=SE\times CV

Therefore,

ME=0.0883\times2.576=0.2275

Step 6: Find the confidence interval (CI)

\begin{gathered} CI\text{ is given by} \\ CI=(\bar{x}-ME,\bar{x}+ME) \\ \text{ In this case} \\ \bar{x}=17.1 \end{gathered}

Therefore,

CI=(17.1-0.2275,17.1+0.2275)=(16.8725,17.3275)

Hence there is a 99% probability that the true mean will lie in the confidence interval

(16.8725, 17.3275)

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1 year ago
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