Answer:
The rate of interest for compounded daily is 2.1 6
Step-by-step explanation:
Given as :
The principal investment = $ 98,000
The Time period for investment = 7 years
Let The rate of interest compounded daily = R %
The Amount at the end up = $ 114,000
<u>From compounded method</u>
Amount = Principal ×
Or, $ 114,000 = $ 98,000 ×
Or, =
or, 1.16326 =
or, = 1 +
1.00005919 - 1 =
or, 0.00005919 =
∴ R = 0.00005919 × 365000 = 2.16
Hence the rate of interest for compounded daily is 2.1 6 Answer
40+3+.04+.003
expanded form is showing what you have to add together
Answer:
The 95% confidence interval for the true proportion of university students who use laptop in class to take notes is (0.2839, 0.4161).
Step-by-step explanation:
The (1 - <em>α</em>)% confidence interval for population proportion <em>P</em> is:
The information provided is:
<em>x</em> = number of students who responded as"yes" = 70
<em>n</em> = sample size = 200
Confidence level = 95%
The formula to compute the sample proportion is:
The R codes for the construction of the 95% confidence interval is:
> x=70
> n=200
> p=x/n
> p
[1] 0.35
> s=sqrt((p*(1-p))/n)
> s
[1] 0.03372684
> E=qnorm(0.975)*s
> lower=p-E
> upper=p+E
> lower
[1] 0.2838966
> upper
[1] 0.4161034
Thus, the 95% confidence interval for the true proportion of university students who use laptop in class to take notes is (0.2839, 0.4161).
Answer #1: x= 250
50 = x times 20/100
X= 100 times 50/ 20
X=250
Answer #2: same explanation but the answer is X= 120
If your talking about merging the percentage of the answer, I can’t help you with that
Answer:
a.0.8664
b. 0.23753
c. 0.15866
Step-by-step explanation:
The comptroller takes a random sample of 36 of the account balances and calculates the standard deviation to be N42.00. If the actual mean (1) of the account balances is N175.00, what is the probability that the sample mean would be between
a. N164.50 and N185.50?
b. greater than N180.00?
c. less than N168.00?
We solve the above question using z score formula
z = (x-μ)/σ/√n where
x is the raw score,
μ is the population mean = N175
σ is the population standard deviation = N42
n is random number of sample = 36
a. Between N164.50 and N185.50?
For x = N 164.50
z = 164.50 - 175/42 /√36
z = -1.5
Probability value from Z-Table:
P(x = 164.50) = 0.066807
For x = N185.50
z = 185.50 - 175/42 /√36
z =1.5
Probability value from Z-Table:
P(x=185.50) = 0.93319
Hence:
P(x = 185.50) - P(x =164.50)
= 0.93319 - 0.066807
= 0.866383
Approximately = 0.8664
b. greater than N180.00?
x > N 180
Hence:
z = 180 - 175/42 /√36
z = 5/42/6
z = 5/7
= 0.71429
Probability value from Z-Table:
P(x<180) = 0.76247
P(x>180) = 1 - P(x<180) = 0.23753
c. less than N168.00?
x < N168.
z = 168 - 175/42 /√36
z = -7/42/6
z = -7/7
z = -1
Probability value from Z-Table:
P(x<168) = 0.15866