Answer:
The probability is
Step-by-step explanation:
From the question we are told
The population proportion is
The sample size is
The number of graduate who had job is k = 209
Generally given that the sample size is large enough (i.e n > 30) then the mean of this sampling distribution is
Generally the standard deviation of this sampling distribution is
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Generally the sample proportion is mathematically represented as
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Generally probability of obtaining a sample proportion as low as or lower than this, if the university’s claim is true, is mathematically represented as
From the z table the area under the normal curve to the left corresponding to -3.022 is
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Answer:
FV= $3,725.07
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,294
Number of periods (n)= 5 years
Interest rate (i)= 2.6% = 0.026
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 3,294*(1.026^5)
FV= $3,725.07
3/18 = 0.166667
hope this helps .