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Mila [183]
3 years ago
9

Tony’s investments lost $12,545.50 in value over the past 2.5 months. On average, how much did his investments change each month

Mathematics
1 answer:
zvonat [6]3 years ago
8 0

Answer:

Step-by-step explanation: 25÷ 12545.5 = 5,018.20

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There is a relationship between confidence interval and standard deviation:
\theta=\overline{x} \pm \frac{z\sigma}{\sqrt{n}}
Where \overline{x} is the mean, \sigma is standard deviation, and n is number of data points.
Every confidence interval has associated z value. This can be found online.
We need to find the standard deviation first: 
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When we do all the calculations we find that:
\overline{x}=123.8\\ \sigma=11.84
Now we can find confidence intervals:
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We can see that as confidence interval increases so does the error margin. Z values accociated with each confidence intreval also get bigger as confidence interval increases.
Here is the link to the spreadsheet with standard deviation calculation:
https://docs.google.com/spreadsheets/d/1pnsJIrM_lmQKAGRJvduiHzjg9mYvLgpsCqCoGYvR5Us/edit?usp=sharing
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Answer the question below.
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