What is the solution to
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b)
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d)
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1 answer:
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The value would be 829.89.
The formula we use is
,
where A is the total amount, p is the principal, r is the rate expressed as a decimal number, n is the number of times per year the interest is compounded, and t is the number of years.
We will use 800 for p; 5.25/100 = 0.0525 for r; 365 for n; and (255/365) for t (since it is not a full year):
The formula we use is
where A is the total amount, p is the principal, r is the rate expressed as a decimal number, n is the number of times per year the interest is compounded, and t is the number of years.
We will use 800 for p; 5.25/100 = 0.0525 for r; 365 for n; and (255/365) for t (since it is not a full year):
Answer:
95% Confidence interval: (0.8449,0.9951)
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 50
Number of times the dog is right, x = 46
95% Confidence interval:
Putting the values, we get:
(0.8449,0.9951) is the required 95% confidence interval for the proportion of times the dog will be correct.