Izzy deposits any money the team has left at the end of the season into a savings account, where it will remain until next seaso
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Answer:
And the margin of error with this one:
Step-by-step explanation:
Assuming that the parameter of interest is the sample mean . And we can estimate this parameter with a confidence interval given by this formula:
(1)
For this case the confidence interval is given by (1.9, 3.3)
Since the confidence interval is symmetrical we can estimate the sample mean with this formula:
And the margin of error with this one:
Given:
Initial price of the stock=$43.85
Change for the first two days=+$2.70
Change for next two days=-$1.10
Last day=-$4.45
The objective is to find the price at the last day.
Let's take the price at final day as <em>x</em>.
Hence, the price of the stock at the last day is $42.6