Answer is provided in the image attached.
The weather in the three areas were all very similar on that day in particular.
A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
The little lines on each side of the rhombus mean that all the sides are the same length.
We can set line LM and MN equal to solve for X, then we can solve the length of a side.
3x-3 = x+7
Add 3 to each side:
3x = x +10
Subtract x from each side:
2x = 10
Divide both sides by 2:
x = 10/2
x = 5
Now we have the value for x, replace x in one of the side formulas:
x +7 = 5+7 = 12
Each side = 12 units.
The perimeter would be 12 + 12 + 12 + 12 = 48 units.
