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%)
Answer:
y - 7 = 3(x - 3)
y - 7 = 3x - 9
y = 3x - 2
Step-by-step explanation:
Hope this helped you!
It’s either subtract 75 from both sides or divide both sides by 1/2 but I’m pretty sure it’s subtract 75 from both sides
12:7
because you add 7 and 5 and then there is the 7 for the book weight
Answer:
<h3>Adjacent angles or Supplementary angles I am not sure
tho:)</h3>
Step-by-step explanation:
