45 :)))))))))))))))))))))))))))))))
Answer:
(B) 0.057
Step-by-step explanation:
The 95% confidence interval is (0.028, 0.086). The formula for the confidence interval is μ ± e where μ is the mean and e is the margin of error.
Therefore the confidence interval is (μ - e , μ + e).
That is μ - e = 0.028 and μ + e = 0.086
To get the point estimate which is the mean, we sum the two proportions and divide it by two.
Therefore point estimate (μ) = (0.028 + 0.086) / 2 = 0.057
select two points on the line, and plug into this formula y2-y1 over x2-x1
20/100 x 8000 = 1600
1600 x 3 = 4800
8000 - 4800 = 3200
The motorcycle is worth $3,200 after three years.
