1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lubov Fominskaja [6]
2 years ago
8

3. You make a $2500 investment. If the bank pays 3% simple annual

Mathematics
1 answer:
alexandr1967 [171]2 years ago
3 0

Answer:

$231.82

Step-by-step explanation:

I used an intrest calculator, and it came out with this.

You might be interested in
A manufacturer of golf equipment wishes to estimate the number of left-handed golfers. A previous study indicates that the propo
never [62]

Answer:

A sample of 997 is needed.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the z-score that has a p-value of 1 - \frac{\alpha}{2}.

The margin of error is of:

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

A previous study indicates that the proportion of left-handed golfers is 8%.

This means that \pi = 0.08

98% confidence level

So \alpha = 0.02, z is the value of Z that has a p-value of 1 - \frac{0.02}{2} = 0.99, so Z = 2.327.  

How large a sample is needed in order to be 98% confident that the sample proportion will not differ from the true proportion by more than 2%?

This is n for which M = 0.02. So

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.02 = 2.327\sqrt{\frac{0.08*0.92}{n}}

0.02\sqrt{n} = 2.327\sqrt{0.08*0.92}

\sqrt{n} = \frac{2.327\sqrt{0.08*0.92}}{0.02}

(\sqrt{n})^2 = (\frac{2.327\sqrt{0.08*0.92}}{0.02})^2

n = 996.3

Rounding up:

A sample of 997 is needed.

3 0
3 years ago
Which of the following is not for a parallelogram
Zinaida [17]
Not sure but I think it's (3)
6 0
2 years ago
What is the standard form to number 3
Leto [7]
What’s number three?
7 0
3 years ago
Tanyss's house has 25 windows. Her brother has washed 22 of the windows. What percent of the windows has her brother washed?
AveGali [126]

Answer:

88

Step-by-step explanation:

7 0
2 years ago
Put the following numbers in order from least to greatest.-8, 15, 9, -6, -3, 12, 0, -4
kati45 [8]

Answer:

-8, -6, -4, -3, 0, 9, 12, 15

Step-by-step explanation:

6 0
3 years ago
Other questions:
  • Can someone help me with those exercises please?
    7·1 answer
  • Which equation could generate the curve in the graph below
    13·1 answer
  • A random sample of 12 graduates of a certain secretarial school typed an average of 79.3 words per minute with a standard deviat
    6·1 answer
  • Which expression is equivalent to (3−2^2) 5 ? 5−3^2 5−2^2 2^2−5 ​ 3^2−5
    8·1 answer
  • (5) Blackbeard and Shamus find a treasure chest with $40,000 in coins inside. Blackbeard takes
    10·1 answer
  • Jenny reads 5/8 pages in 2/3 minutes what's the unit rate
    5·1 answer
  • Cynthia plans to build a treehouse that is 1/3 the size of Andrew's tree house. Cynthia plans to make the area of her tree house
    11·1 answer
  • The sum of 45% of a number and 55% of the same number is 200. what is the number?
    7·1 answer
  • Which of the following are accurate descriptions of the distribution below?
    10·2 answers
  • Can someone help me !
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!