Its a , i had it yesterday and i got everything right dont worry :))
Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals 
(from tabulated value).
using calculator
Confidence interval is
the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>
Answer:
m = 1
Step-by-step explanation:
We can suppose that the number we are looking for is for example 5.
(we can do so because the probability is the same for each number - it'sna fair dice)
For the first toss the probability we have 5 is 1/6 (we have 6 numbers on the dice and number 5 is just one of the possible 6 outcomes).
For the second toss the probability we have 5 is again 1/6.
For the rest of 3 tosses we don'tcare what number we will get( we have our two consecutive 5s), so all of the outcomes for the rest of 3 tosses are good for us (probability is 6/6 = 1)
Threfore, the probability to get two consecutive 5s is 1/6 * 1/6 * 1 * 1 * 1 = 1/36.
We can see that m = 1.
